I understand that we should hear the details of the Clydesdale IPO this week.
My understanding is that 75% of the stock will be distributed to existing NAB holders while the balance will be sold off through an IPO.
Any thoughts on valuation?
My inclination is to hold for a period as there has been a degree of takeover activity in UK Banking in the past year or so with a LLoyds banking spin off going to a Spanish Bank:
http://uk.reuters.com/article/uk-nab-clydesdale-ipo-idUKKCN0SM17520151028
DYOR
Clydesdale IPO
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$36.23 |
Change
0.200(0.56%) |
Mkt cap ! $112.2B | |||
| Open | High | Low | Value | Volume |
| $36.26 | $36.44 | $36.07 | $152.6M | 4.216M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3369 | $36.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.23 | 9815 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| NAB (ASX) Chart |