BEN 1.67% $12.33 bendigo and adelaide bank limited

Nauru, page-8

  1. 34,553 Posts.
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    Did not realise that BEN was LNP aligned. Thought that the big banks would profit at the expense of BEN, BOQ and SUN if LNP won.

    Perhaps ALP and the ALP/Green resurgence is the reason behind the fall in the BEN SP of late.

    Bendigo has always suffered under ALP. Adelaide struggles as well but this time, the support for santos from ALP might help Adelaide.

    Might be a good buying opportunity, under ALP, BEN would be gobbled by one of the majors.just look at what happened to ST George, advance bank, BankWest, State Bank of Vic, Metway Bank and Bank SA under the ALP.

    They were all gobbled.
    Last edited by JCoure: 22/05/16
 
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