NBS 0.00% 9.9¢ nationwide building society.

a note of caution, page-9

  1. 36 Posts.
    Ousia,

    When the preliminary accounts came out in August, a big deal was made of the lack of cash receipts, albeit most of the cash wasn't overdue. Subsequently, NBS contacted a number of brokers to say further cash had been received not long after balance date (thanks for your original post in August informing us of this fact).

    I am interested to know if you or anyone else is aware of how much cash was received. On another forum a figure of $18m was suggested (not sure if this was you TBE).

    So I am wondering if the receivables/cash situation is as bad as being suggested, or it that the market is waiting for formal confirmation via some form of public announcement from NBS.
 
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