This is the worry that I have when considering Westpac longs or a buy order, how much can they lose on top of the $40 billion AUD already lost, it should be $40 or $50 by now even perhaps $60 but the AUSTRAC problems could crucify poor old Westpac as it could cost Westpac another $40 billion and send the SP below $20 again.
This Miller bloke may not be up to the task as Anthony Miller is an internal candidate and they don't need internals to provide their AUSTRAC armies, they need more external hires.
WBC Price at posting:
$32.04 Sentiment: Buy Disclosure: Not Held
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