For mum and dad investors in the banks equities..
beaware..
that there is no recovery possible in the banks business..for many reasons.
covid + recession
zero interest rates
globalization
rationalization
exhorbitant management fees..
the banks stocks have been on free fall for more than 3 years. And will continue so..
trading now below 2009 crisis,
still to expansive,
coz before that Westpac was a 5 Dollars share with strong assets,,
now they have nothing, except than hopeless management, with lots of misconducts.
and no real assets..
message from a swiss bank,
saying stay away,,
no recovery and collapse pending
for many years..
no
Advice here just a friendly call.
For mum and dad investors in the banks equities..beaware..that...
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Last
$34.06 |
Change
-0.510(1.48%) |
Mkt cap ! $116.9B | |||
| Open | High | Low | Value | Volume |
| $34.70 | $34.85 | $34.04 | $80.59M | 2.345M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 425 | $34.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.06 | 61 | 2 |
View Market Depth
| Last trade - 15.38pm 27/06/2025 (20 minute delay) ? |
| WBC (ASX) Chart |