At the risk of being modded for a political discussion on NAB, I think the possibility of a Labor win is much better than the odds suggest. So to bring this back to the banks, all things being equal (I.e the SP isn't a screaming buy), I wouldn't like to be holding bank stocks over the election. I think there *is* uncertainty and the market *hasn't* priced it in. There you go, thanks guys for helping me come to that epiphany after all my BS this afternoon.
In fact, it's the reason I got out today because I didn't want to be holding over Brexit because I reckon there is more uncertainty than is now priced in.
Still, come election eve or Brexit eve, if the polls and odds are the same as tonight and NAB s $25.00, it's still a screaming buy I reckon.
Is NAB way undervalued?, page-297
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Last
$38.53 |
Change
0.575(1.52%) |
Mkt cap ! $118.5B | |||
| Open | High | Low | Value | Volume |
| $38.29 | $38.59 | $38.21 | $63.50M | 1.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1426 | $38.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.53 | 2496 | 23 |
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| Last trade - 12.58pm 05/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |