I bought during GFC at average of $49.60. With DRP l have 1800 shares. Thinking it will get down to these levels again in September once Jobkeeper ends, business opens more fully and those that are struggling without Jobkeeper support decide if they are going to open or cut staffing levels etc.
This is when the impact of loan repayments will surface fully. Many businesses without support will struggle and this is when we will see full impact of default home loans etc. Housing will be impacted then.
Just my opinion looking at my crystal ball.
Everything being so fluid l could be totally wrong but thats what l am holding out for.......CBA in the high 40's around Sept/Oct where l will have a big dip.
CBA back to $45-50 again soon?, page-28
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Last
$132.74 |
Change
-1.870(1.39%) |
Mkt cap ! $222.1B | |||
| Open | High | Low | Value | Volume |
| $133.10 | $133.50 | $132.52 | $200.1M | 1.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8 | $132.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $132.83 | 771 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CBA (ASX) Chart |