Ann: Half Year Report and Appendix 4D-31 August 2022, page-23

CBA is the exception (atm), its MC was also trending down before Covid. Then it's SP shot up at the start of the pandemic as every man and his dog looked for a safe haven.

I expect the CBA share price to get slaughtered once the FED pivots. The current SP isn't reflected in the dividends it pays imo. Once investors pull their cash from banks and start looking for growth and high dividend paying stocks, I predict CBA will resume it's downward trajectory, just like the other banks. JMS and other commodity stocks though will go to the moon though