Australia's largest stock trading and investment forum Australia's #1 stock forum

WBC

Click for more information

0.67%

$26.97 westpac banking corporation

Westpac's $1,000,000,000 AUSTRAC Settlement?, page-544

First 544 Last

Share
Profile

Follow
JCoure

33,971 Posts.

887

21/02/24

13:44

Post #: 72515614
Share

Originally posted by Digger26: ↑

Didn't I hear that computer s(t)ocks always stay up?

Seriously, I sold down at this peak to nominal holding levels. I expect I will be able to buy in at a lot lower level as the credit cycle deteriorates over the next 12-18 months. It takes that long for the bad debts (company - not individual) to come up and be dealt with (work around, restructure and write-offs). What we are seeing with building companies and some retailers (eg Godfreys and Body Shop) is only early stages.

And, yes, I was one of the mugs that bought some at $30 but bought a lot more at $16.47 during covid. I will recover my losses one day.

Expand

WBC SP falling away again, well below $39, meets bullish resistance and goes back to the lowball marks.

As the decline in revenue shows, these regulatory and revenue problems are not over yet.

WBC Price at posting: $25.87 Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 108 more messages in this thread...

First 544 Last

Add WBC (ASX) to my watchlist

(20min delay)
Last $26.97		Change 0.180(0.67%)		Mkt cap ! $93.56B

Open	High	Low	Value	Volume
$26.75	$26.99	$26.73	$97.93M	3.640M

Buyers (Bids)

No.	Vol.	Price($)
1	248	$26.93

Sellers (Offers)

Price($)	Vol.	No.
$26.97	9012	2

View Market Depth

No.	Vol.	Price($)
2	534	26.900
3	1842	26.870
1	10452	26.860
2	10702	26.850
1	1117	26.840

Price($)	Vol.	No.
26.980	6143	6
26.990	29993	18
27.000	202217	102
27.010	15942	4
27.020	31953	9

Last trade - 16.10pm 17/06/2024 (20 minute delay)


Last $26.97			Change 0.180 ( 0.52 %)
Open	High		Low	Volume
$26.75	$26.99		$26.73	839451
Last updated 16.10pm 17/06/2024 ?

WBC (ASX) Chart

SPONSORED BY