Easy there tiger.. You're being way too speculative with this holding. CBA is a slow burn, LTI.
IMO, It's going to return to $75+, but, it won't be a rocket ride, that's for sure.
The global economy is in tatters, and that my friend is going to take time to rebuild, particularly for the banks.
We really won't have a better understanding until August- as we draw nearer September and find out "the real numbers"
All we have to work with at present, is estimates- in which case, I'd exercise extreme caution at this time.
Very uncertain times, as you'll see (you certainly don't have to look very far) so it's best to just enjoy the journey, little by little.
All in good time.
Ann: March Quarter 2020 Trading Update, page-58
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Last
$149.32 |
Change
2.060(1.40%) |
Mkt cap ! $249.8B | |||
| Open | High | Low | Value | Volume |
| $148.41 | $149.73 | $147.41 | $285.2M | 1.937M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2702 | $149.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $149.40 | 20 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CBA (ASX) Chart |