Yes, $35m fine isn't even worth mentioning. WBC makes that in one day of profits.
The real hit it their public perception/image. Once their home mortgage book starts to get into trouble. Good luck getting government help or assistance.
The key point is the low standard of WBC's loan underwriting. The chickens will come home to roost.
Yes, $35m fine isn't even worth mentioning. WBC makes that in...
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Last
$27.89 |
Change
0.000(0.00%) |
Mkt cap ! $96.86B | |||
| Open | High | Low | Value | Volume |
| $28.00 | $28.05 | $27.62 | $266.6M | 9.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $27.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.89 | 22439 | 2 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$27.86 |
Change
0.000 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| $28.00 | $28.05 | $27.62 | 1997936 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| WBC (ASX) Chart |