CBA 0.27% $132.78 commonwealth bank of australia.

Please explain me

  1. 19 Posts.
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    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%?
 
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Last
$132.78
Change
-0.360(0.27%)
Mkt cap ! $222.2B
Open High Low Value Volume
$132.60 $133.10 $132.27 $150.0M 1.130M

Buyers (Bids)

No. Vol. Price($)
1 5567 $132.78
 

Sellers (Offers)

Price($) Vol. No.
$132.80 1656 2
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Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
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