I expect many retirees will be looking at selling down their CBA holdings for a couple reasons.
If they have made a capital loss with the current share price, they'll be weary of waiting it out. reality is they don't have 10+ years to regain their losses.
With the potential of the Dividends being cut, would most likely be another reason for SMSF retirees to dump their shares and draw down their capital instead.
Ann: March Quarter 2020 Trading Update, page-35
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Last
$134.34 |
Change
1.200(0.90%) |
Mkt cap ! $224.7B | |||
| Open | High | Low | Value | Volume |
| $133.83 | $134.48 | $133.80 | $58.30M | 434.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53 | $134.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $134.35 | 263 | 3 |
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| Last trade - 12.20pm 29/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |