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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Last
$29.66 |
Change
0.360(1.23%) |
Mkt cap ! $102.6B | |||
| Open | High | Low | Value | Volume |
| $29.65 | $29.72 | $29.39 | $219.3M | 7.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $29.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.67 | 7671 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |