What a great trick.
Lend out money you don't have based on a government guarantee you don't pay for.
The Australian taxpayers are really bearing the risk in this very highly leveraged business.
The taxpayers take the downside risk, the shareholders take the upside profit.
Its a rort.
bacci
cba greed is apalling, page-31
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Last
$132.94 |
Change
-2.450(1.81%) |
Mkt cap ! $222.9B | |||
| Open | High | Low | Value | Volume |
| $135.00 | $135.00 | $132.68 | $109.9M | 821.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 112 | $132.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $132.95 | 137 | 5 |
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| CBA (ASX) Chart |