I would take a little time to analyse the impact of this change by BT....would not necessarily assume that it blows everyone out of the water....looking at the pricing in the fine print they acknowledge there are other fees on top of these headline grabbing fees such as transaction fees and cash interest fees, which appear to remain and are the main fee driver of the NWL/HUB/PSS sphere....so the total cost wont be as low.
But I would suspect you are right that it blows its bank competitor and IFL/AMP out of the water and is a world of hurt for those providers.
lets see what the analysts have to say......jury is out I think, but there is a kneejerk sell reaction at first...
Sell off in PPS share price, page-9
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Last
66.0¢ |
Change
-0.005(0.75%) |
Mkt cap ! $250.6M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.8¢ | 66.0¢ | $461.3K | 695.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4475 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 139465 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PPS (ASX) Chart |
