Is CBA in danger of failing? Is Wesfarmers which isn't too big to fail in danger of failing?
Your comment is a contradiction as if your looking for safety, buy a government bond - the returns are higher & they are safer than CBA common stock.
Buying CBA at these valuations isn't chasing safety, its high-risk. Bank are leveraged to the economy - in an economic downturn they do poorly. This argument CBA common equity is a safe haven is just dumb. I know this because during the GFC and COVID share prices fell hard; they did not go up in value like government bonds. Look at the note by Barrenjoey's Jonathon Mott.
Is CBA in danger of failing? Is Wesfarmers which isn't too big...
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 (20min delay)
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Last
$180.18 |
Change
1.040(0.58%) |
Mkt cap ! $301.5B | |||
| Open | High | Low | Value | Volume |
| $178.92 | $181.30 | $178.30 | $318.8M | 1.772M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $180.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $180.18 | 240 | 1 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |