CBA 1.35% $142.96 commonwealth bank of australia.

if cnp goes would cba drop another 10 percent, page-4

  1. 8,028 Posts.
    PSARAS,

    Please get the facts right before making a comment like this:

    "if cnp goes monday cba will go up 10% becuase its loans are secured where as the other banks are not.... it is to cba's advantage to see centro go down."


    CBA's unsecured exposure to Centro is $200million, ANZ's is $680 million and NAB's is $200 million. CBA holds the biggest secured position at $1.04 billion, followed by NAB at $750 million.

    That is 200 Mil unsecure!

    Yes strong support at $28, let's see how strong that is.
    When Dow drops 8% tonight, and CNP goes belly up on Monday.


 
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