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
$29.66 |
Change
0.360(1.23%) |
Mkt cap ! $102.6B | |||
| Open | High | Low | Value | Volume |
| $29.65 | $29.72 | $29.39 | $219.3M | 7.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $29.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.67 | 7671 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |