Short sellers are out en mass to short CBA and the banks again. The game is not over yet. Westpac hits a new low today. This tests the pocket of those who have enough to keep accumulating until the share price really turns around for a long leg up (and the shorts have to cover). At some point in the future well into recovery, the share price will jump sharply signally that the shorts scramble to get out.
Ann: Westpac announces $3.5 billion off-market share buy-back, page-376
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Last
$27.23 |
Change
0.140(0.52%) |
Mkt cap ! $94.47B | |||
| Open | High | Low | Value | Volume |
| $27.29 | $27.40 | $27.10 | $138.8M | 5.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4602 | $27.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.23 | 50657 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WBC (ASX) Chart |