Serious question....the CBA off-market buy back...you can sell your shares to CBA for a 10-14% discount to the market price. Why would anyone do this? I'm assuming there's no transaction fees so you're saving a tid bit but I can't see that warranting letting go of your shares for such a huge discount.
What am I missing?
Thanks.
CBA share price heading to $130, page-56
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Last
$131.66 |
Change
1.740(1.34%) |
Mkt cap ! $220.3B | |||
| Open | High | Low | Value | Volume |
| $130.80 | $131.84 | $129.89 | $256.3M | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 601 | $131.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.66 | 712 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |