The big four will now have to work very hard to hold their share prices. The main reason for the huge price rises in all four since March was the buyers from the US who made a fortune from the falling $US. Now that the $US is staging a bit of a turn-around, the foreigners are taking their profits.
The banks are supported by the Government guarantee, and they have raised billions of dollars. If and when they have to stand on their own feet.......they will be just like all the other big banks. Does anyone really think that our banks are that much smarter than the rest of the world? I don't think so. The NAB wrote off $4 billion under Cicutto, the ANZ got involved in all kinds of nefarious margin-lending schemes, the CBA and Storm Financial etc etc.
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Last
$1.53 |
Change
-0.005(0.33%) |
Mkt cap ! $3.457B | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.55 | $1.52 | $6.262M | 4.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 131084 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 87938 | 3 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| AMP (ASX) Chart |
