The majority of CSL shares are held by institutions. IF, say IF they are holding at $275 and it goes to $300.00, they will have made a paltry 9% on their money. CSL unfortunately has been fairly stable over the last few months, and it may be that they do not expect a rise for a period, are not prepared to leave their loose change lying around, and see better returns to be made elsewhere. I dont know where else their interest may lie, but certain stocks in the oil and mining industry have been returning that in a week.
Just sayin.......
CSL possible pull back to low $200's, page-89
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Last
$306.65 |
Change
0.050(0.02%) |
Mkt cap ! $149.7B | |||
| Open | High | Low | Value | Volume |
| $308.93 | $311.00 | $306.65 | $90.07M | 291.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7 | $306.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $306.69 | 41 | 5 |
View Market Depth
| Last trade - 13.38pm 15/07/2024 (20 minute delay) ? |
| CSL (ASX) Chart |