BUT in saying that they have been sold down the last couple of days on very low volume.......which is why they are attractive again leading up to the end of the financial year.
Note: WBC buyback on - only 15% complete.
NAB buyback on - only 25% complete.....they still need to buyback 60M shares in next 12 months and so far they have bought back 20M in 6 months.......THIS STOCK IS GOING NOWHERE BUT UP UP UP!
Look for $38 short term.
BANKS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held