I think NAB made a loss of 40m on AMP and they sold SGB to make it look better. SGB was a jewel in their asset base and the unrealised p/l was already factored in so getting rid of AMP was the reason for the bounce.
I rkn this is got to be one of the most cynical moves a major has ever done. Mkt will see thru it pretty quick too.
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NAB
national australia bank limited
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2.40%
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$38.25

did any of you predict nab's action, page-13
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Last
$38.25 |
Change
-0.940(2.40%) |
Mkt cap ! $117.1B |
Open | High | Low | Value | Volume |
$39.02 | $39.09 | $38.03 | $100.9M | 2.635M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35 | $38.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.28 | 300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35 | 38.250 |
1 | 20 | 38.220 |
1 | 856 | 38.200 |
1 | 250 | 38.160 |
2 | 950 | 38.150 |
Price($) | Vol. | No. |
---|---|---|
38.300 | 6331 | 1 |
38.320 | 1883 | 1 |
38.350 | 500 | 1 |
38.400 | 500 | 1 |
38.420 | 20 | 1 |
Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
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NAB (ASX) Chart |