While I agree that more heads will roll (they'll be throwing people under the bus as speed humps to slow the investigations) I don't agree with the sideways sp movement. I believe most of the Aussie banks are heading for much slower growth profiles for the following reasons:
- Growing in affordability of East Coast property will lead to more of the under 40's turning away from the banks as they realise their pipe dreams of property ownership are just that.
- Chinese government capital outflow restrictions are now starting to really bite, also Aussie banks have been ordered to stop lending to non residents if they aren't owner occupiers whilst Chinese banks have been ordered to stop lending for foreign property investment.
- Disruptive digital technologies are starting to increase market share which will bite the banks bottom lines.
(All IMHO - DYOR)! GLTAH!
Is shorting this a no brainer?, page-14
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Last
$115.00 |
Change
1.080(0.95%) |
Mkt cap ! $192.4B | |||
| Open | High | Low | Value | Volume |
| $114.69 | $115.84 | $114.02 | $177.8M | 1.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2442 | $114.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $115.00 | 225 | 1 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$115.28 |
Change
1.080 ( 1.18 %) |
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| Open | High | Low | Volume | ||
| $114.67 | $115.83 | $114.03 | 407869 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| CBA (ASX) Chart |