Somebody please explain to this fairly new investor.Why CBA , after posting a record profit, after a buy back with the obvious consequence of less shares in the register and therefore more value for each remaining shares on the market, drop 10% ?There were people buying a 101, 102, 107, I think there were not blind(all of them at least) considering the company worthwhile .Why then drop 10%?
Please explain me
Add CBA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$127.10 |
Change
-0.760(0.59%) |
Mkt cap ! $212.7B | |||
| Open | High | Low | Value | Volume |
| $127.58 | $127.85 | $126.65 | $137.4M | 1.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7235 | $127.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.11 | 5658 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |