They surely are at their bottom mark now. Every other stock is booming. Even BOQ is doing well. The NIM is not too bad (for them) but I am surprised they reduced the dividend below 82 cents.
The money laundering scandal has been horrific for them and is still plaguing the WBC SP.
Management integrity is very close to zero if WBC is in the $32s.
You would think the horror show cannot continue for much longer.
Anthony Miller should have his remuneration cut with no bonus. Steven Gregg should give up his directors fee until they return to $35s and put all these crises behind them.
I would not short it as I can’t see it getting any worse but management is diabolical.
Project UNITE should be abolished. Waste of money, resources and management time.
WBC Price at posting:
$32.56 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)