WBC 2.55% $31.00 westpac banking corporation

AustralianSuper's Ultimate Vote Of Betrayal Of..., page-12

  1. 7,026 Posts.
    lightbulb Created with Sketch. 181
    How do you figure this out?

    At 2019 AGM Chair Maxsted admittted that recent $2.77bn CR would be needed for extra "Fines & Penalties"...

    ...plus, Balance Sheet is under threat-meaning $multi-Billions in (a) redirection of any profits & (b) massive new CR's...

    Put simply, there is absolutely NO way any shareholder can treat 2020 Financials as being like 2019!!

    Finally, if my prediction of sub-$14 share price, then ipso facto, WBC biz has gone down the toilet...

    Good luck on your expectations....
 
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