They are screwed... We now have a figure where CBA is willing the reinstate the buyback and defend the SP at $151.98
See p.28 fine print 5 of the Profit Announcement
As at 31 December 2024, the Group has completed $300 million of the $1 billion on-market share buy-back previously announced on 9 August 2023 (2,706,964 ordinary shares bought back at an average price of $110.72). $18 million of this was completed in 1H25 (118,000 ordinary shares bought back at an average price of $151.98).
Add this to the mix Post #:77799074 Collectively shorts need 18.2m shares to close their positions. Only 135k available in the open market at the moment.
If you read the posts above. They sound so euphoric.
They are screwed... We now have a figure where CBA is willing...
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Last
$177.91 |
Change
0.920(0.52%) |
Mkt cap ! $297.7B | |||
| Open | High | Low | Value | Volume |
| $177.11 | $178.19 | $176.11 | $323.1M | 1.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $177.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $177.98 | 82 | 1 |
View Market Depth
| Last trade - 16.11pm 31/07/2025 (20 minute delay) ? |
| CBA (ASX) Chart |