I guess would not break the recent low. The NTA is $1.70. If looking at other banking share, lot of them are at 50% level now. But their sp still above their NTA value.
Wtp peak at $6, 50% at $3, NTA at $1.7.
CBA peak at $60, 50% at $30, yet sp at $40.... then compare to ANZ....
I not sure if this is comparison within apple to apple, just a general thought.... market do what its needed.
What's ur view?
