CBA 0.40% $135.64 commonwealth bank of australia.

$62 whenever it happens - maybe maybe not, page-328

  1. 6,265 Posts.
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    Doubled my short near the Friday close. You can smell the coming bear week for the US equities. The upside for Ozzie banks is very limited. There won't suddenly be a rush of 5% more borrowers storming CBA's doors but on the downside house prices, the AUD and sales volumes are falling while defaults rise. They've pared down their business model to a monoculture of lending for concrete slabs and they'll reap that whirlwind shortly.
 
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