BBG
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0.00% $1.05 billabong international limited

I take the notice from CBA as a positive for BBG.It explains why...

  1. dealer64
    729 Posts.
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    22/11/12
    16:05
    Post #: 11095639
    I take the notice from CBA as a positive for BBG.

    It explains why the price hasn't taken off with a bang, CBA have been selling into strength for a couple of weeks now. At some point they either run out of shares or they reconsider what they are doing.

    As in classic Australian Super industry practise, they will then buy back when the price is above $2.00

    '-)
    BBG Price at posting: 73.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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