If you do a peer comparison using NAB as the base (CBA price has too much risk premium imbedded for meaningful comparison) then I get a price for WBC of around $24 & ANZ of around $28.
I know all 3 have individual peculiarities but I do not believe that these justify a 10% implied discount for ANZ & WBC compared to NAB.
I have accumulated nice positions in both ANZ & WBC and am happy to sit back & take the divis as that is my principal investment motivation at the moment, if I pick up a 10% bonus from peer to peer valuations reverting to mean levels then so much the better
If you do a peer comparison using NAB as the base (CBA price has...
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Last
$26.42 |
Change
0.390(1.50%) |
Mkt cap ! $91.76B | |||
| Open | High | Low | Value | Volume |
| $26.16 | $26.47 | $26.13 | $147.7M | 5.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30 | $26.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.43 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$26.47 |
Change
0.390 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| $26.20 | $26.47 | $26.14 | 1219996 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| WBC (ASX) Chart |