scalpel69,
Your senario is 100% correct,
But im talking about instos who dont hold anything in CBA who bought into the $2 billion offer.
By the time they are alloted there shares the SP will be trading around/below $38. So no quick money to be made there.
bad news for shareholders, page-13
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Last
$136.46 |
Change
0.430(0.32%) |
Mkt cap ! $228.3B | |||
| Open | High | Low | Value | Volume |
| $136.95 | $136.99 | $135.98 | $213.7M | 1.565M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $136.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $136.46 | 476 | 1 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| CBA (ASX) Chart |