WBC westpac banking corporation

Fast Heading To $25.32, Then Where Will Share Price Fall?

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    Fast Heading To $25.32, Then Where Will Share Price Fall?


    Given CR, SP downwards to $25.32 is not surprising.

    Next Q: Where to next?

    IMO, further "south" for flw key reasons:

    1. 2018 64% 1st Strike looks negatively unsteady given WBC's 2019 financials;
    2. Cumulative remediation payments from 2017 to 2020 to go from $1.7 bn (2017-2019) to est $4.0 bn
    3. 2020 net profits & dividends will fall further than 16% & 15% respectively.

    Expect 2019 AGM on Dec 12th to be firey.
 
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(20min delay)
Last
$38.61
Change
-0.400(1.03%)
Mkt cap ! $132.0B
Open High Low Value Volume
$38.85 $38.90 $38.39 $186.7M 4.858M

Buyers (Bids)

No. Vol. Price($)
1 768 $38.53
 

Sellers (Offers)

Price($) Vol. No.
$38.69 5917 1
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Last trade - 16.10pm 29/08/2025 (20 minute delay) ?
WBC (ASX) Chart
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