BOQ has been undervalued for some time. Given its reliable earnings and more stable management base, I think we will definitely see a $7.00+ SP by the end of Q1 24. Mind you, the world is a strange place at the moment, and the Dow is following an all-familiar major correction pattern, so these 2nd tier banks could drop further on nervous world markets, even though they don't deserve to. If they could show the market their loan book was substantially safe with minimal default potential with recent rate rises, then they could have a major run on such news. They should show us this.
BOQ has been undervalued for some time. Given its reliable...
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Last
$5.81 |
Change
0.000(0.00%) |
Mkt cap ! $3.843B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $5.86 | $5.76 | $18.45M | 3.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6914 | $5.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.81 | 55839 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BOQ (ASX) Chart |