So 14% loss of GWP resulted in multi-year downward trending dividend so what happens if same happens with CBA?
Not saying it will happen but the selling yesterday was simply taking profit and protecting capital as people managing their risk. obviously, buying today could another reason for many entering or averaging down (selling & buying at lower cost).
But one thing is sure company has not bought back anything even though price fell 20% yesterday not sure why ? (as there is no announcement today from company for BB)
So 14% loss of GWP resulted in multi-year downward trending...
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Last
$3.87 |
Change
-0.030(0.77%) |
Mkt cap ! $1.121B | |||
| Open | High | Low | Value | Volume |
| $3.94 | $3.94 | $3.86 | $1.358M | 350.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15046 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 898 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| HLI (ASX) Chart |