I am very bearish on both commercial and residential property. Yet i bought WBC today as these (oligarchy) banks make money each and every time money is exchanged. If they can moderate bad debts, their massive profits will continue. Getting the timing right is the hard bit. Property may remain stable for another 18-24months during which banks will rake in billions... albeit at everyone's expense.
why has westpac tanked?, page-6
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WBC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$32.10 |
Change
0.520(1.65%) |
Mkt cap ! $110.7B | |||
| Open | High | Low | Value | Volume |
| $31.58 | $32.17 | $31.57 | $184.1M | 5.765M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12479 | $32.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.10 | 1035 | 3 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| WBC (ASX) Chart |