SP1 0.00% $1.07 southern cross payments ltd

brave to short the banks......sp's have mainly gone sideways...

  1. 230 Posts.
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    brave to short the banks......sp's have mainly gone sideways past few years despite the Hayne report but dividends have been fantastic ...i suspect that if , as the derivatives markets i understand are indicating 1 pct cash rate for next 5 years, that betting against the banks might be an uphill struggle...especially as a lower cash rate ( lower mortgage rates) supports home ownership which reflects on the banks......i got into Altium at $4 so has been a great ride.....goooo ISX !!
 
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