Somebody please explain to this fairly new investor.Why CBA , after posting a record profit, after a buy back with the obvious consequence of less shares in the register and therefore more value for each remaining shares on the market, drop 10% ?There were people buying a 101, 102, 107, I think there were not blind(all of them at least) considering the company worthwhile .Why then drop 10%?
Please explain me
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Last
$132.74 |
Change
-1.870(1.39%) |
Mkt cap ! $222.1B | |||
| Open | High | Low | Value | Volume |
| $133.10 | $133.50 | $132.52 | $200.1M | 1.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $132.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $132.83 | 771 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CBA (ASX) Chart |