If you look at the price and volume charts (intraday chart post H1FY18results) side by side you will see the price drops with higher volume. So CBA was keen to sell more than someone was keen to buy. If a strategic buyer was snapping up shares the price should have increased on volume. In saying that I do agree with comments a buy out is more likely after S2 build.
If you look at the price and volume charts (intraday chart post...
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Last
$16.37 |
Change
-0.010(0.06%) |
Mkt cap ! $9.433B | |||
| Open | High | Low | Value | Volume |
| $16.11 | $16.47 | $16.10 | $16.77M | 1.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 459 | $16.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.37 | 1785 | 18 |
View Market Depth
| Last trade - 13.04pm 26/04/2024 (20 minute delay) ? |
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Last
$16.40 |
Change
-0.010 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $16.10 | $16.47 | $16.10 | 517833 | ||
| Last updated 13.21pm 26/04/2024 ? | |||||
| NXT (ASX) Chart |