I feel that we are now in new era when it comes to banking stocks. Once perceived as almost invulnerable and always a good investment, this is now no longer the case.
Poor management strategies by the bigger banks, and increasing competition from other sources will erode their position, and I along with many of my colleagues are now very bearish on these stocks. The NAB which has possibly the worst record of poor governance is typical and I see this stock falling back to levels not e
seen since the early ninties in time. There are some who think it's on the turn well look at your charts and get short it's looking at $23.80 and if it breaks this then below $20 is quite likely.
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banks are not what they were!!
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Last
$34.77 |
Change
-0.030(0.09%) |
Mkt cap ! $107.8B |
Open | High | Low | Value | Volume |
$34.90 | $34.91 | $34.73 | $23.37M | 671.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 5204 | $34.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.78 | 3940 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 1746 | 34.780 |
17 | 5836 | 34.770 |
9 | 5807 | 34.760 |
19 | 19053 | 34.750 |
12 | 7228 | 34.740 |
Price($) | Vol. | No. |
---|---|---|
34.800 | 4434 | 16 |
34.810 | 5048 | 12 |
34.820 | 7688 | 16 |
34.830 | 3608 | 9 |
34.840 | 3752 | 9 |
Last trade - 11.00am 06/06/2024 (20 minute delay) ? |
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|||||
Last
$34.86 |
  |
Change
-0.030 ( 0.50 %) |
|||
Open | High | Low | Volume | ||
$34.85 | $34.90 | $34.74 | 112352 | ||
Last updated 11.19am 06/06/2024 ? |
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