If you read the release, I think you’ll find CBA borrowed plenty of shares from various other parties (Barclays / UBS) along the way - an indication of short selling. CBA are notorious for it.
They have made a motza of money on the way down, obviously they had to purchase them back afterwards, plus a bit more, unless I’m mistaken.
So I’d say CBA won’t be losing sleep as the share price falls.
In any case, I hope for everyones sake, the blood letting on here stops. Good luck everyone, I cant bring myself to buy BDR anymore, too much risk.
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