Yes if you are in there for the trade or short term you have/will lost/lose. But the purchase of Bankwest was a stroke of luck for long term shareholders as the price is a bargain....as you will see if you review yesterday's presentation pack. EPS accretive from the start with large potential for gains on rationalisation of back offices etc.
The raising of equity was a very conservative step and in my opinion designed to ensure the bank has options open for other opportunities. I think specifically of Suncorp where there are discussions going on. For shareholders in for anything but short term, it will be seen as a wise decision IMO.
regards
DF
Yes if you are in there for the trade or short term you...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$182.46 |
Change
1.660(0.92%) |
Mkt cap ! $305.3B | |||
| Open | High | Low | Value | Volume |
| $180.48 | $183.47 | $180.00 | $630.3M | 3.632M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 51 | $182.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $182.88 | 7 | 1 |
View Market Depth
| Last trade - 16.13pm 18/07/2025 (20 minute delay) ? |
| CBA (ASX) Chart |