I agree with all you said Mongrel. Last short word on it - then I'll let the market speak for itself - for the last 15 years it's been a no brainer to buy and hold bank shares - the more the better - but look what has happened in the 15 years - population growth, branch closures to save $$, huge IT rollouts such as netbanking and mobile banking - saving $$, massive property price rises causing greater size loans - hence more interest charged - falling interest rates to multi decade lows, not to mention falling equity to loan ratios which works like a highly geared margin loan when things are good. I think the next 15 years are going to be very different. As Buffett has said "if history was a guide to the future all librarians would be millionaires"! Good luck all.
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I agree with all you said Mongrel. Last short word on it - then...
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Last
$30.03 |
Change
-0.020(0.07%) |
Mkt cap ! $103.6B |
Open | High | Low | Value | Volume |
$30.00 | $30.14 | $29.90 | $121.3M | 4.052M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35 | $29.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.04 | 12519 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2464 | 29.900 |
4 | 3704 | 29.800 |
1 | 200 | 29.780 |
3 | 1600 | 29.750 |
1 | 200 | 29.700 |
Price($) | Vol. | No. |
---|---|---|
30.050 | 1204 | 4 |
30.060 | 152 | 1 |
30.070 | 1370 | 1 |
30.100 | 1238 | 2 |
30.120 | 1000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
WBC (ASX) Chart |
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