The local bank look lackluster all stuck in a consolidation range waiting for next catalyst to happen.
The current price of 8.68 is trAding at price per book of 0.83 looks pretty oversold!
Dividend of 31.8 cents. Yield is 3.66% which is comparable to famous reits like MIT,AR,MLT,PWlife..
If market sentiment pick up then we may see it rises back to retest 9.00 again.
I think Any further weakness may attract some buying interest.
Not a call to buy or sell.
Pls dyodd.
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