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.
With Europe certain to unhinge.... only the exact size of...
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Last
$32.10 |
Change
0.100(0.31%) |
Mkt cap ! $110.3B | |||
| Open | High | Low | Value | Volume |
| $32.06 | $32.30 | $31.75 | $153.5M | 4.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7400 | $32.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.11 | 1711 | 3 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| WBC (ASX) Chart |