Bendigo Bank (BEN): Loser

Submitted by Marco on Sat, 28/04/2007 - 07:44

Bendigo Bank was the worst performing company on the Australian sharemarket this week after the stock had rejected a bid the Bank of Queensland (BOQ).(Loser of the week for week 16 of 2007) Bendigo bank closed the week at $15.82 losing $1.73 or 9.86 percent. The company also took the title for the worst performing company on the ASX100 and ASX200 indices. It's the end of April... have you heard of "sell in May and go away?" Bendigo Bank was previously a Winner of the week.

Bendigo Bank Limited is listed on the Australian Stock Exchange (ASX) under stock code BEN. You can view their investor website here. BEN was listed on the ASX on 19 December, 1985. Robert Johanson is the chairman for Bendigo Bank and the managing director is Robert Hunt. The bank provides a range of banking and other financial services, including retail banking, business banking and commercial finance, funds management, treasury and foreign exchange services. Bendigo Bank is a publicly-listed company on the Australian Stock Exchange and is owned by more than 48,000 primarily small shareholders. A retailer of banking and wealth management services to households and small to medium businesses, it has a major presence across Victoria and Queensland and is growing its networks throughout Australia as it responds to new marketing opportunities and develops business alliances. Bendigo Bank continues its tradition of adding value for customers through quality personal service, but also provides customers with a wide range of self-help banking options such as 24-hour telephone and e-banking facilities. Find out the meaning of the recommendations in this primer. Browse for other stockbroker recommendations. You can use Instalment Warrants to trade BEN. Check your charts and good luck with your share trading!

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