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What happens if you sell CommBank shares?

The process of selling your Commonwealth Bank shares is similar to the purchase process—research the market, do a CommBank financial health check, decide on an investment strategy, sell the shares and continue to assess your portfolio performance. If you’ve made a profit on the sale of your shares, you will be liable to pay Capital Gains Tax (CGT).

How much does CommBank cost per share?

At the time of writing, CommBank’s market cap was approximately $169.98 billion and costs $101 per share. For comparison, NAB has a market cap of roughly $90.48 billion ($28 per share), Westpac came in around $76.48 billion ($21 per share), and ANZ was $75.48 billion ($25 per-share).

Should you buy shares in Commonwealth Bank?

Purchasing shares in the Commonwealth Bank or any other publicly listed company doesn’t guarantee you a profit. So, always make sure you have a buffer of emergency savings in case an investment doesn’t put you in the financial position you had planned on. 5. Place an Order for Commonwealth Bank Shares

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