re: why i bought nab - livas
Some good conversation everyone...
Just wanted to point out that there are two sides, the fundamental and the technical
From Peter's comments it appeared he listed the fundamental reasons why he bought NAB.. which is great. I was just pointing out that the technical picture might not be so rosy...
Having said that, if anyone is happy to average down and scoop up these 'cheap' long term prices, then go for it.. I have no doubt your investment decision will be rewarded over the long term.
Just one point to remember... the increase in dividend yeild as the price drops is only relevant if the dividend isnt cut......
Cheers Livas1
NAB Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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