Agree and i dont suggest it will keep falling forever but i think it still has a bit to go before we see the bottom.
I not so worried abt the RC as those things come and go and mrket has a great way of forgetting those kind of things pretty quickly but I am concerned about fundamental headwinds.
if break 70 in meaningful way I think 65 or thereabouts would be next stop and then perhaps 60$ but around those levels and depending on overall conditions at the time I would consider buying its only 15% away and would mean roughly a 25% fall from 82(bg. of year) - not unreasonable when many (boq 13-10) have fallen more during the year Not sure what the FPE would be then but might be a good time to dip the toe in,
Of course this is my plan - may not get there but its a dynamic plan not set in stone. Not backing out I do c in low 60s at some point.
$62 by end oct / mid november, page-8
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Last
$117.54 |
Change
0.450(0.38%) |
Mkt cap ! $196.7B | |||
| Open | High | Low | Value | Volume |
| $117.71 | $118.35 | $117.25 | $174.5M | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5141 | $117.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.58 | 591 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$117.68 |
Change
0.450 ( 0.25 %) |
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| Open | High | Low | Volume | ||
| $117.74 | $118.35 | $117.26 | 80084 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| CBA (ASX) Chart |