yeah its because the planners have convinced everyone they need exposure to banks at all times but generally they recommend passive funds anyway. They espouse this BS abt french and famer. Really what they saying is that you cant sue me for incompetence if you get a mrkt rtn.
Most active funds are starting to underweight, if not already, banks. And intnl insto will leave cba in droves as aussie falls and div gets cut.
it will be sad to see some retirees thru the fault of planners get creamed with large hldgs in cba. They have been warned for a year tho.
$70 or underby Friday close - wont c $80 for long time, page-29
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Last
$155.13 |
Change
2.290(1.50%) |
Mkt cap ! $259.6B | |||
| Open | High | Low | Value | Volume |
| $154.00 | $155.13 | $152.53 | $380.0M | 2.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 923 | $154.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $155.13 | 4595 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CBA (ASX) Chart |