It is either smashed up so much WBC is now cheap as there is no more bad news, bad money laundering, bad regulatory issues and evil lending out there or there is some smoke and some looming fire to cause the fall from $35 to $29 having been previously $39.62.
The other two, ANZ and NAB are being smashed up but to a lesser degree although ANZ is now way off previous marks. CBA is falling but to a much lesser extent.
WBC Price at posting:
$29.59 Sentiment: Hold Disclosure: Not Held
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