Orion-x,
i have on good authority that the insto offer was not only over subscribed but also targeted at long term holders.
at nearly 7% F.F yeild, i sure many will be holding.
My view that CBA will be trading around under $38 is the same veiw i have towards the general market ATM. My view is shared amoungst alot of other people as well.
All i know is that for the insto holders who want to sell their 'insto only offer shares', will be selling into a rally,
once all this general market mess clears.
bad news for shareholders, page-15
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Last
$137.49 |
Change
1.540(1.13%) |
Mkt cap ! $230.1B | |||
| Open | High | Low | Value | Volume |
| $136.34 | $137.53 | $135.60 | $306.5M | 2.235M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | $137.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $137.50 | 8262 | 12 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |