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I am quite happy if Banks hit September 11 lows.
However Banks are fundamentally big accountancy firms unlike some small investors they generally only invest in companies and provide services that they will profit from.
My view is after we find the bottom most venture capital will have dried up and banks will be the primary source of funds.
Unless you can provide outstanding yield and good assets backing many will stay away I see that as a positive for banking going forward.
Gyro
BANKS BURNT, where are the Ramping clown now?, page-9
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Last
$84.64 |
Change
0.400(0.47%) |
Mkt cap ! $16.38B | |||
| Open | High | Low | Value | Volume |
| $83.81 | $84.68 | $83.59 | $22.83M | 270.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 352 | $84.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $84.68 | 1442 | 1 |
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| Last trade - 16.10pm 17/08/2022 (20 minute delay) ? |
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Last
$84.55 |
Change
0.400 ( 0.80 %) |
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| Open | High | Low | Volume | ||
| $83.63 | $84.66 | $83.63 | 12709 | ||
| Last updated 15.59pm 17/08/2022 (live) ? | |||||
| ASX (ASX) Chart |