The dividend yield at the peak $138 was around 3.3%. With only limited growth expectations in its earnings, it was always likely you would see a big intraday sell off and these prices - likely to be another one tomorrow.
Sometimes you are wrong before you are right. Example, some said Tesla at $300 is overvalued, it then goes to $400, but then falls to $200.
People who said sell CBA at $120, may look foolish right now...... but give it 2 months.
CBA TA update, page-1084
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Last
$144.61 |
Change
1.660(1.16%) |
Mkt cap ! $241.4B | |||
| Open | High | Low | Value | Volume |
| $144.06 | $145.24 | $143.77 | $125.0M | 864.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 172 | $144.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $144.62 | 290 | 9 |
View Market Depth
| Last trade - 13.40pm 10/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |