sounds simple
The extension of the credit crunch to our other financial institutions such as Babcock & Brown is also a body blow to the banks that have resourced it, even if they are secured creditors. IMHO this will weigh heavily on our financial sector for some time.
Since its $36.98 low on March 17 CBA has been unable to move above $46.14 & is again testing support at $40.00. IMHO if this is broken it may well revisit the $36.98 low.
IMHO CBA is a great success story & I hold a small parcel long term in my SMSF but the global meltdown in the financial sector means it may well get cheaper before firming.
4YIO - NFA
sounds simple , page-2
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Last
$141.05 |
Change
-2.720(1.89%) |
Mkt cap ! $236.0B | |||
| Open | High | Low | Value | Volume |
| $143.40 | $143.49 | $140.79 | $366.4M | 2.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $141.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $141.19 | 216 | 1 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |