So, the main reason CBA shares are over $160 is because of a shorts squeeze.
All of which means that CBA is not worth $160 plus. This is a fool's paradise.
An overall market correction will allow shorts to close their positions & the price could drop further until it becomes a viable proposition. A yield of 3.5% to 4% should start to gain the interest of new buyers.
Once the shorts have closed their positions, there is little left to support the share price. Meanwhile, CBA shareholders are making 2.86% on their holding. How long are they prepared to hold for such a poor return?
So, the main reason CBA shares are over $160 is because of a...
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 (20min delay)
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Last
$182.85 |
Change
2.670(1.48%) |
Mkt cap ! $305.9B | |||
| Open | High | Low | Value | Volume |
| $180.88 | $183.31 | $180.16 | $378.8M | 2.085M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2554 | $182.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $182.85 | 968 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |