Just an observation - people complain about the big 4 banks in Australia being too big but you seem to be fearful of too many banks in Australia and that there should be a consolidation process. This happened in the 1970's and 1980's and that is why we do have the big 4 banks we have now. You have a sell recommendation for NAB at least (and I will extend an assumption that you would have for the other 3 big Australian banks) so that seems to be somewhat contradictory.
I would also suggest that the regulations now being applied to bank lending practices are not coming from the banks directly but from the regulatory framework as a result of the royal commission.
In addition, I would suggest that most people attack the big 4 banks but conveniently distinguish them from other companies - Banks are profit making commercial entities as well. They are not charities . Strong profitable banks are necessary for a strong economy.
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Last
$34.40 |
Change
0.120(0.35%) |
Mkt cap ! $106.7B |
Open | High | Low | Value | Volume |
$34.40 | $34.52 | $34.11 | $121.9M | 3.547M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1000 | $34.36 |
Sellers (Offers)
Price($) | Vol. | No. |
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$34.44 | 9235 | 2 |
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No. | Vol. | Price($) |
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1 | 1000 | 34.360 |
1 | 400 | 34.350 |
1 | 14 | 34.300 |
1 | 43 | 34.280 |
1 | 1690 | 34.260 |
Price($) | Vol. | No. |
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34.460 | 699 | 1 |
34.520 | 3300 | 2 |
34.540 | 24000 | 1 |
34.550 | 863 | 2 |
34.560 | 1004 | 1 |
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Last
$34.51 |
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Change
0.120 ( 0.41 %) |
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Open | High | Low | Volume | ||
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