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clock Created with Sketch. 20/04/18
10:24
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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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Or to be little nicer you could have just said it’s going into liquidation haha...
