Sounds more like insider information relating to the 20 basis ppoint increase in bad debts which represents about a 7% cut in profit, which is about equal to a fall from $30.50 to $28.00+.
Insider trading is not a good thing, however it could be a good thing in respect that it would mean the profit downgrade has already been factored in to the price.
von.
cba saga's, page-2
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Last
$127.10 |
Change
-0.760(0.59%) |
Mkt cap ! $212.7B | |||
| Open | High | Low | Value | Volume |
| $127.58 | $127.85 | $126.65 | $137.4M | 1.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7235 | $127.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.11 | 5658 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |