You are correct. That is the only hope I see for CBA to increase or even maintain the current share price. A reduction in interest rates makes the dividend more attractive in relation to bank deposit interest rates.
I have another sell order placed for 300 @ $139.84 & will monitor that order between now & tomorrow's close.
CBA TA update, page-1125
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 (20min delay)
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Last
$134.16 |
Change
-0.190(0.14%) |
Mkt cap ! $224.5B | |||
| Open | High | Low | Value | Volume |
| $134.30 | $134.50 | $133.00 | $288.6M | 2.154M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $134.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $134.19 | 3218 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |