spikey001,
Only reinforces my argument regarding banks on the ASX where the P/E's are only around 15 and the dividends around 4 - 7 % fully franked.
Plenty of upside with improving profits imho. The financial reporting period will highlight the improved efficiencies in these magnificent institutions where they will once again be well sought after.
Remember 25 years and the dividends alone pay off the original share purchase.
13.4 years to go!
Hell
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