BEN 1.18% $12.02 bendigo and adelaide bank limited

BEN double bottom forming?, page-46

  1. 70 Posts.
    lightbulb Created with Sketch. 2
    BENhasadisadvantageinthisarea-notanadvantage.

    Allthebankscouldlose,butBenmaybemorerelianton"suckers"whodon'twatchtheirmoney,orwhoareattractedtothecommunitybankingstoryratherthanbeingtight-arse,relativetootherlenders,soareductionininterestratescouldcostalotmoreforBENthanotherlenders-asinterestratesbeingpaidcan'tfallbelowzero.Ialsosuspectthattheinterestratesintheaccountsofalllendersmightbepaddedby100%offsetaccountsraisingtheaverageinterestratepaid.

    Strangely-thosethathavethemosttight-arsetermdepositholdersmightbeleasteffectedbyzeroboundeffectsduetointerestratesfalling.
    "as interest rates being paid can't fall below zero


    Ask the Japanese where interest went negative to encourage spending
 
watchlist Created with Sketch. Add BEN (ASX) to my watchlist
(20min delay)
Last
$12.02
Change
0.140(1.18%)
Mkt cap ! $6.826B
Open High Low Value Volume
$11.98 $12.06 $11.91 $10.74M 895.2K

Buyers (Bids)

No. Vol. Price($)
2 7765 $12.01
 

Sellers (Offers)

Price($) Vol. No.
$12.06 2094 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
BEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.