it looks to me super funds are dumping their smaller positions as quite a few of the asx 200 favorites in all sectors have not been hit as hard as expected... CBA, TLS, RIO, QAN. If there is some sort of contagion going on, CBA should be at its GFC lows of $26 but its no where near there. Meanwhile BEN went below GFC levels but bounced a little, ANZ, WBC and NAB are pretty close to GFC levels, meanwhile TLS is still 10% above and the miners RIO and BHP are well above (granted iron ore and coal are holding up well). Us CBA immune to the virus? at some point, the gap between CBA and the other banks will be too big to ignore
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$6.51 |
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Open | High | Low | Value | Volume |
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3 | 22422 | 6.490 |
4 | 14856 | 6.480 |
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3 | 12353 | 6.460 |
Price($) | Vol. | No. |
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6.520 | 30000 | 1 |
6.530 | 27657 | 2 |
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