https://en.wikipedia.org/wiki/State_Bank_of_Victoria
A brief summary, Tricontinental, the investment arm, also collapsed and the state government couldn't save either. A lesson as to what happens when banks are over exposed to housing during times of rapidly rising interest rates.
Just did a quick chart and we have hit the 61.8 retracement which is a number many of the stocks I have on watch have traded at today. If it fails here I'd be buying at $17 for my super fund but that is just my own view.
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Last
$31.24 |
Change
0.160(0.51%) |
Mkt cap ! $107.8B |
Open | High | Low | Value | Volume |
$31.14 | $31.24 | $31.03 | $275.0M | 8.824M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | $31.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$31.24 | 5608 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 31.020 |
3 | 371 | 31.010 |
6 | 3721 | 31.000 |
1 | 17 | 30.950 |
1 | 1000 | 30.930 |
Price($) | Vol. | No. |
---|---|---|
31.250 | 4627 | 7 |
31.260 | 32 | 1 |
31.280 | 4020 | 4 |
31.290 | 2058 | 3 |
31.300 | 181056 | 6 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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