WBC 1.45% $31.58 westpac banking corporation

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

  1. 7,026 Posts.
    lightbulb Created with Sketch. 181
    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.
 
watchlist Created with Sketch. Add WBC (ASX) to my watchlist
(20min delay)
Last
$31.58
Change
0.450(1.45%)
Mkt cap ! $108.8B
Open High Low Value Volume
$31.45 $31.73 $31.37 $196.8M 6.225M

Buyers (Bids)

No. Vol. Price($)
1 956 $31.57
 

Sellers (Offers)

Price($) Vol. No.
$31.58 190 1
View Market Depth
Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
WBC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.