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WBC westpac banking corporation

1.94%

$33.90

Westpac's $1,000,000,000 AUSTRAC Settlement?, page-362

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CbrMaroon

6,271 Posts.

744

06/11/23

14:27

Post #: 70749676
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Originally posted by Giz: ↑

The only risk with a no risk 5% TD is the 37% tax I will pay on it!
WBC up 3% in one day! Over the next year while your money is devaluing in a TD and the ATO is waiting for their share, WBC will outperform from here and you will get another DIV in 6 months.
Term Deposits are great if you earn nothing a year, other that that being invested is a better option.

"Chief executive Peter King said Westpac’s balance sheet was the strongest he’d seen in his 29 years at the bank"

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Well indeed a very brave and somewhat fawning post, betting on outperformance by WBC, the Board, and the CEO. Talk about betting the house in one go.

See WBC chart below, as posted elsewhere on a WBC thread earlier today.

WBC Price at posting: $22.14 Sentiment: None Disclosure: Held
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(20min delay)
Last $33.90		Change -0.670(1.94%)		Mkt cap ! $116.0B

Open	High	Low	Value	Volume
$34.70	$34.85	$33.90	$153.5M	4.497M

Buyers (Bids)

No.	Vol.	Price($)
1	8265	$33.87

Sellers (Offers)

Price($)	Vol.	No.
$33.92	1500	1

View Market Depth

No.	Vol.	Price($)
2	885	33.850
2	5090	33.800
1	3415	33.730
1	29	33.710
1	220	33.670

Price($)	Vol.	No.
33.980	29	1
34.030	2461	1
34.070	8000	1
34.100	2300	2
34.140	6641	1

Last trade - 16.15pm 27/06/2025 (20 minute delay)

WBC (ASX) Chart

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Westpac's $1,000,000,000 AUSTRAC Settlement?, page-362

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