It's not possible. You know why did bank went for capital raise at $14? because they knew that they don't need the cash but biggest beneficiary to this capital raise with be funds & insto who normally have bigger say in approving board members and remuneration report. that is why they did CR at $14 and then straight away within less then 12 months they said that they have excess funds so we are doing on market buy-back instead of buying Bendigo or BOQ or ABA or any other business on their radar to create shareholders value they simply wanted to do buy - back so the funds who paid them $14 get back $28 within a 1 year which is 100% profit on investment without any risk what so ever... in my opinion.
the CEO & Chairman and board absolutely deserve sacking in my opinion.
Lets see a sell off, page-20
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Last
$36.94 |
Change
-0.670(1.78%) |
Mkt cap ! $113.6B | |||
| Open | High | Low | Value | Volume |
| $37.08 | $37.29 | $36.88 | $167.7M | 4.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 445 | $36.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.97 | 11870 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |