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20/04/18
09:58
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Originally posted by ramon
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I think it is inevitable that the regional banks will be pulled into the Hayne enquiry and this risk would be contributing a lot to the falling share price. It has fallen in sympathy with the other banks without being part of the enquiry and just like Perpetual dumped AMP before it was due to be questioned by Hayne I think most instos will play it safe and sell first and reassess after the grilling. I am sure that all banks, regionals included,have skeletons in the closet. It is because of the above fact that makes it hard to predict at what price this slide will end as normal fundamentals do not apply when the herd exits. would not be surprised to see an 8 infront of BOQ if it is sucked into the enquiry.
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Mate you kidding us or have you shorted stock?
$8 haha mate if that happens I buy all of my tangible assets and buy this!!
Dyor
Look at buy sell today and you shall get burnt if you are short position request you to cover ASAP...
You know it costs $1bn to do RC all 4 majors are paying the cost you think regionals can fork out $1bn...
Think before posting negative comments just for fun....