People should understand there is a huge pool of self-funded retirees who love their Franking Credits.
They had sat on the sideline expecting Labor would win.
Now, that those uncertainties are off, they are pouring into Bank Stocks like CBA. Just have a look at the volume today - right from the get go.
Then, there is likely to be new policy from the Gov to stimulate more first-home owners.
And to top it all off, there is likely to be rate cut from the RBA next month.
$62 whenever it happens - maybe maybe not, page-425
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Last
$124.89 |
Change
-7.570(5.71%) |
Mkt cap ! $209.0B | |||
| Open | High | Low | Value | Volume |
| $130.60 | $130.78 | $124.89 | $455.1M | 3.591M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6915 | $124.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $124.98 | 528 | 1 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| CBA (ASX) Chart |