CBA 2.39% $138.13 commonwealth bank of australia.

Capital Inadequacy : Why CBA will fall

  1. 3,616 Posts.
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    The recent share raising at $71.50 will fail as the market price will fall today below $70
    This was necessary to satisfy prudential lendin requirements
    In addition CBA is over exposed to the Sydney market where houses have been sold at $4m
    It is only a matter of time before this turns from dream to nightmare for CBA
    how to raise capital?
    they can go to market at a lower level say $61 a share
    but what if the market falls below this
    they can stop paying out dividends
    if they do that the share price will fall
    they can reduce house lending
    if they do that the housing market will fall but then other houses they will lend on will be less saleable
    CBA share price is now in serious trouble
    get out today
 
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Last
$138.13
Change
3.230(2.39%)
Mkt cap ! $231.1B
Open High Low Value Volume
$137.04 $138.13 $136.54 $588.4M 4.427M

Buyers (Bids)

No. Vol. Price($)
1 122 $137.95
 

Sellers (Offers)

Price($) Vol. No.
$138.15 1500 2
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
CBA (ASX) Chart
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