BEN 0.39% $10.30 bendigo and adelaide bank limited

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    Like the major banks BEN seems to perform well technically. Might be worth careful consideration that it failed to hold above $8.34. Tried to break back through on the 3/10 and has now fallen away.

    Many of BEN's regional franchises are going to be very hard hit by drought conditions if they continue particularly in rural Victoria - the farmers catch cold but its the towns that get the flu.

    Having been through a few droughts in rural business the level of bad debts and defaults far exceeds anything seen in urban centres and BEN franchises seem to be picking up a substantial share of business in the towns they are in.

    I wonder what the quality of this business is like ?
 
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$10.30
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0.040(0.39%)
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$10.30 $10.31 $10.19 $8.612M 837.1K

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1 3000 $10.28
 

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Price($) Vol. No.
$10.30 23547 4
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Last trade - 16.10pm 29/07/2021 (20 minute delay) ?
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Last
$10.28
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$10.29 $10.31 $10.19 314731
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