I believe WBC profits will decline soon. SP will significantly fall over the next 2 years.
Ultimately they will need government assistance. If they don't get it, yes, they might collapse. "might"
I have a short position, modest one, but looking to increase position if the SP goes up to $30. Which is a real possibility.
And I don't really care if Westpac goes under. A 50 to 70% drop in SP will do me
I don't care what you do with your money or type on this forum. Couldn't care less.
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Buyers (Bids)
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---|---|---|
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No. | Vol. | Price($) |
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3 | 5562 | 27.650 |
4 | 7306 | 27.600 |
1 | 724 | 27.590 |
1 | 1000 | 27.570 |
Price($) | Vol. | No. |
---|---|---|
27.690 | 1987 | 1 |
27.720 | 1094 | 1 |
27.730 | 10408 | 2 |
27.740 | 2932 | 1 |
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