People on hotcopper keep talking about CBA announcement regarding buying AIO shares as if this all happenned today.
CBA group bought these shares over several months at substantially higher prices and has a fairly large unrealised loss. We don't know if CBA bought more today.
The question is, who did all the buying today and where did the shares come from. Much of the volume was probably just trading but someone is intent on accumulating stock and we will find out in a few days.
von.
could be a takeover, page-4
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