WBC 1.40% $28.99 westpac banking corporation

ASX is a paradise for short sellers, inside info and run by...

  1. 174 Posts.
    ASX is a paradise for short sellers, inside info and run by geese.

    imo too early to accumulate at these levels - more downside.

    expect the sp to go to $17-$17.50 where the downside risk is much lower based on the following

    flat dividend
    possible recession
    cba results downgrade in august will be the catalyst for more bank egs contraction - worser than what analysts expect.
 
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