WBC 1.67% $31.80 westpac banking corporation

i am watching this one very closely, but the level at which the...

  1. 218 Posts.
    i am watching this one very closely, but the level at which the buyer is active just makes no sense to me what so ever.

    if they place their bid at, for example, 13.75 - they would get their fill just as quickly. why are they holding and driving this up, spending a mozza in the process.

    when this buyer/ buyers, are filled wbc should fall pretty hard considering current global market sentiment, thus immediately pocketing them a huge book loss. why?

    if this was a speccy, you could assume insider information at play, but with wbc this should be out of the equation.

    i am still holding on to my wbcwmu, it is often said "if it looks like a duck and it quaks like a duck, it is a duck".

    does anybody know who the buyer/ buyers are?

    Niche1
 
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