Fair enough comments too. I don't necessarily believe that the compensation will be that material though. Might be a case that the legal costs defending them will be higher. They will face some head winds but I think there was a general panic and the shares (all banks really) were over sold off.
Still recall that the dividend has not changed for a few years (maybe that will happen but I can't see that declining very much either if it does) and the SP has been in a rough range of $24-35 over that time. NAB has still made a similar profit over that time as well plus, they have left behind that UK millstone around the company's neck.
A $30 SP still makes NAB a good investment and a longer term hold for me anyway.
Best of the 4 Banks, page-31
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Last
$38.38 |
Change
-0.570(1.46%) |
Mkt cap ! $118.2B | |||
| Open | High | Low | Value | Volume |
| $38.89 | $39.00 | $38.13 | $135.8M | 3.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24866 | $38.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.38 | 52940 | 4 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |