Yes, good points. Look at the banking sector (exc CBA new historical highs) longer term, tired, dinosaurs, post latest Banking RC, reverting to the old bad behaviours to customers, and holders. Solely focussed on green woke, hoping to ride the prevailing political trend and ingratiate with the Green/Labor/Govts, while torching mega $Bns on that failed Voice campaign, 60/40 national vote against. The losers are the banking sector holders (myself for some of the majors exc CBA) and the overs paid by the borrowers eg WHC. The mining sector and the broader economy somewhat dependent on the borrowing and lending policies of the banking sector, what could possibly go wrong!
WHC Price at posting:
$8.10 Sentiment: None Disclosure: Held
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