Also from:
http://www.businessspectator.com.au/bs.nsf/Article/Big-banks-cut-credit-hoover-up-loans-RMCY3?OpenDocument
"All of the big banks grew their home loan books at the expense of second tier players Suncorp Metway, and Bendigo and Adelaide Bank, which lost 5.9 per cent and 2.3 per cent of their loan volumes respectively."
Looking at the last month comparing the big four plus QBE, SUN was tracking the banks until the 23rd, the day after Citi downgraded from a buy to a hold and BA-Merrill Lynch to a underperform.
http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=C72A30EB-1871-E587-E1DA1CA8E56183CA
SUN has its work cut out in the short term but as another poster has posted perhaps long is the way to look at this stock.
Also...
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Last
$17.15 |
Change
0.020(0.12%) |
Mkt cap ! $21.80B | |||
| Open | High | Low | Value | Volume |
| $17.15 | $17.17 | $17.07 | $4.354M | 254.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 4557 | $17.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.16 | 2617 | 11 |
View Market Depth
| Last trade - 11.11am 02/07/2024 (20 minute delay) ? |
| SUN (ASX) Chart |