l'm sure you know the difference between CBA the company and CBA products. The cows or the milk, the goldmine or the gold...
Option 1: Own a share of the company and all that intrinsic valuations... cows, plant, equipment, distribution centres and entire operation. Option 2: Or you can own the milk, cheese, Icecream etc.
The majority will choose option 1. The added benefit is there's no term premium considerations, better liquidity etc. Own the milk, ice-cream, cheese every now and then. Depending on taste Just be sure to understand what you own.
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Just be sure to understand what you own.
(20min delay)