CBA commonwealth bank of australia.

Please explain me

  1. 58 Posts.
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    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%?
 
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(20min delay)
Last
$172.80
Change
-5.070(2.85%)
Mkt cap ! $288.1B
Open High Low Value Volume
$177.89 $177.99 $171.55 $257.5M 1.480M

Buyers (Bids)

No. Vol. Price($)
5 53 $172.77
 

Sellers (Offers)

Price($) Vol. No.
$172.80 152 6
View Market Depth
Last trade - 15.22pm 22/07/2025 (20 minute delay) ?
CBA (ASX) Chart
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