Hopefully the share price can rise another 5%, if this occurs it should smoke out the remaining shorts burning them and forcing them to cover.
Covering will both further increase the share price, and mean that 'short' exposure is very low.
In addition with RBA cuts rates mid may, this will further consolidate the chase for yield.
Watching with interest.
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 (20min delay)
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Last
$178.77 |
Change
-0.580(0.32%) |
Mkt cap ! $298.9B | |||
| Open | High | Low | Value | Volume |
| $178.50 | $179.68 | $178.23 | $90.92M | 507.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 141 | $178.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $178.80 | 953 | 9 |
View Market Depth
| Last trade - 14.06pm 16/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |