CBA commonwealth bank of australia.

Somebody please explain to this fairly new investor.Why CBA ,...

  1. 57 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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(20min delay)
Last
$183.67
Change
1.090(0.60%)
Mkt cap ! $307.3B
Open High Low Value Volume
$183.00 $183.85 $180.51 $456.8M 2.495M

Buyers (Bids)

No. Vol. Price($)
1 2 $183.50
 

Sellers (Offers)

Price($) Vol. No.
$183.69 500 1
View Market Depth
Last trade - 16.16pm 02/07/2025 (20 minute delay) ?
CBA (ASX) Chart
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