WBC 0.43% $32.41 westpac banking corporation

AustralianSuper's Ultimate Vote Of Betrayal Of..., page-16

  1. 14,091 Posts.
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    usc75 - you do realise that the cap for WBC is $90bil don't you?. 2.77 bil is around 3%. They may even miss a dividend but the profit they make probably won't move much after the hit.

    What you are saying is a little bit lacking in credibility.

    I own shares in another bank (not many as I sold off when the SP was high and the WBC thing was starting up) but I can see that WBC will recover fairly quickly.

    I'll wait on the sidelines until that fine comes before getting back in - bank shares are just too good. I may well be that I will load up with WBC as well - the road ahead will be largely up after the fine is delivered.
 
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