It is my assumption WBC will buy BEN.
my reasoning, WBC is strong in NSW housing and BEN is strongest in Victoria.
also WBC is weak in ag lending and BEN is strong in ag lending.
NAB has a working relationship with BEN but doesn’t need to expand ag lending or Victorian housing lending.
Time will tell and not much time.
In 2007 share price was $17 and now it’s half price.
16 years to divide capital in 2, not a good record.
infact a bank would not lend any money to such a poorly managed business.
It is my assumption WBC will buy BEN. my reasoning, WBC is...
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Last
$12.40 |
Change
-0.020(0.16%) |
Mkt cap ! $7.042B | |||
| Open | High | Low | Value | Volume |
| $12.43 | $12.49 | $12.32 | $27.27M | 2.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12850 | $12.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.42 | 149 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BEN (ASX) Chart |