More like an inevitable re-rate is due than a pump and dump. I think it will move up and consolidate into the high 3's low 4's.
I have to admit I'm more confident now as I used to work at CBA and I know they don't just throw their name around on the ASX for no reason so FA looks good and TA on the chart is pretty!
Seems undervalued given the potential and de-risking from the last few ANN's.
All just my opinion of course and I might be completely off the mark.
Ann: Investor Presentation, page-55
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