Ann: CBA Capital Initiatives announcement , page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 104 Posts.
    Bearcuban, CBA issue is to redeem PERLS, not buy shares in other companies. The buying of shares is done by the Wealth Management arm of the bank (a.k.a Colonial First State), which invests the money of its investor clients (mainly superannuation). The bank's capital doesn't get invested in shares - it supports the risks it takes in lending to its borrower clients. However, banks raising capital will potentially assist indebted companies like BLY by making funds available to refinance their debt.
 
watchlist Created with Sketch. Add CBA (ASX) to my watchlist
(20min delay)
Last
$149.32
Change
2.060(1.40%)
Mkt cap ! $249.8B
Open High Low Value Volume
$148.41 $149.73 $147.41 $285.2M 1.937M

Buyers (Bids)

No. Vol. Price($)
1 2702 $149.29
 

Sellers (Offers)

Price($) Vol. No.
$149.40 20 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
CBA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.