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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CBA
commonwealth bank of australia.
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2.85%
!
$172.80

Please explain me
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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. |
---|---|---|
$172.80 | 152 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7 | 172.680 |
6 | 68 | 172.670 |
2 | 49 | 172.660 |
4 | 112 | 172.650 |
6 | 530 | 172.640 |
Price($) | Vol. | No. |
---|---|---|
172.690 | 79 | 2 |
172.700 | 484 | 11 |
172.720 | 121 | 5 |
172.730 | 120 | 2 |
172.740 | 114 | 3 |
Last trade - 15.22pm 22/07/2025 (20 minute delay) ? |
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CBA (ASX) Chart |