WBC 0.55% $27.20 westpac banking corporation

no need to buy banks yet

  1. DSD
    15,757 Posts.
    With Europe certain to unhinge.... only the exact size of disaster remains to be seen... i see no need to buy banks yet. If you see divs you never have to wait too long as various banks have differing year-ends. Aussie banks are world-class but they can't escape some of the collateral damage from overseas. Down the trk Aussie banks will be cheaper than they were over 7 years ago. e.g. 14/04/04 WBC closed at 17.89 after earlier high of 17.99. More than any other sector (aprt from media) it will (IMO) pay to be patient with the banks. I doubt they'll hit the absolute lows in height of GFC... but risk still to downside from here.
 
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Last
$27.20
Change
-0.150(0.55%)
Mkt cap ! $94.28B
Open High Low Value Volume
$27.34 $27.34 $27.12 $67.19M 2.470M

Buyers (Bids)

No. Vol. Price($)
2 10000 $27.19
 

Sellers (Offers)

Price($) Vol. No.
$27.20 22090 3
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
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