Great trade, but let me put this out there as one would assume you took the March Low's
- 50% Capital Gains Tax
- Brokerage
Then there's the overcrowded stock worry in this Bull BNPL cycle.
Growing competition ( CBA BNPL play) for example
Bottom of the interest rate cycle ( Things not as rose for The BNPL one would think.)
And as we tests market highs you have to wait to mid - late next year to get a reasonable tax break.on your eight bagger but who's bragging.
If we get another chance In the low $ 60's for this elephant in the Australian econmony, I buy more long term racking up dividends and sleeping well with this investment .I'm also hitting Woodside at $20 or less.Its work's for me.
Cheers
News: CBA Australia's Commonwealth Bank annual profit falls 11%, cuts dividend, page-69
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Last
$126.90 |
Change
-1.730(1.34%) |
Mkt cap ! $212.3B | |||
| Open | High | Low | Value | Volume |
| $127.64 | $128.09 | $126.64 | $241.5M | 1.900M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $126.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $126.99 | 177 | 2 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| CBA (ASX) Chart |