Have just read that non-banks such as credit unions and building societies along with 'aussie home loans' type of lenders have MUCH higher mortgage termination fees/penalties than the banks!! Hence, these institutions could also experience a large exodus of customers. Banks have deep pockets for advertising etc and will fight for mkt share.
PS. knew WBC was ex-div today but size of fall surprised me.
legislation with hurt credit unions
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Last
$27.20 |
Change
-0.270(0.98%) |
Mkt cap ! $94.43B | |||
| Open | High | Low | Value | Volume |
| $27.30 | $27.40 | $27.17 | $62.87M | 2.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1273 | $29.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.03 | 2024 | 1 |
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| Last trade - 15.59pm 26/06/2024 (20 minute delay) ? |
| WBC (ASX) Chart |