Hi Joffrey, yes it is overpriced,BUT BECAUSE most people in the know( ie smart money??) have sold out since it got over $100. As fund managers/ INDEX FUNDS/ shorters the smart money fu$&* cked up and if they want to maintain their performance they are required to purchase the stock back. Over 30% of CBA is now held by overseas investors( purchased when the SMART money was selling out). They seemed happy to pay up to $137.00 and hold on till they make a profit which at this point they are.
so it not always fundamentals that price this WIDOW MAKER.
I AGREE IT IS RIDICULOUS BUT IT IS WHAT IT IS.
Hi Joffrey, yes it is overpriced,BUT BECAUSE most people in the...
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Last
$136.27 |
Change
-1.220(0.89%) |
Mkt cap ! $228.0B | |||
| Open | High | Low | Value | Volume |
| $138.21 | $138.24 | $136.27 | $217.1M | 1.586M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $136.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $136.50 | 200 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| CBA (ASX) Chart |