Always expected market to react negatively to the result, but cannot see a reason why. There was never going to be a special div in this result. The lower bad debt charge was a small increment to NPAT. Loan growth was OK, and margin was up slightly. So why has the share price tanked? It's now down 20% + in only a few weeks and looks set to go well below $10 ex div.
BOQ Price at posting:
$10.60 Sentiment: Hold Disclosure: Held