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I think your numbers are a bit skew-whiff old mateWBC has a...

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Bunn-Wackett

22,334 Posts.

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11/12/19

20:36

Post #: 41919538
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Originally posted by usc75: ↑

Yet One More Reason...?

Aussies with Shares in Westpac (WBC) Do Not Have Money To Spend!

Why? $50,000,000,000 Share Price Wipe-Out Under Maxsted-Hartzer Reign!

Figures:
* WBC SP Apr 2015: $38.66
* WBC SP 6/12/2019: $24.27

Wealth Wipe-Out: $14.39 per share held...

All Aussies Have Hold WBC Shares Via Their Super Funds....

IMO, this is $14.39 Aussies will NEVER see again! It's Gone Forever...

What's Worse? IMO, Aussie will lose same again-$50,000,000,000- within next 3 years...or earlier...

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I think your numbers are a bit skew-whiff old mate

WBC has a market cap of $84bil and you’ve got them losing 60% of their market cap at 50bil yet their share price has dropped about 30%

dont let facts get in the way of a good story

ps; did you adjust for dividends received?

Last edited by Bunn-Wackett: 11/12/19
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