NAB 2.07% $36.95 national australia bank limited

chart, page-19

  1. 4,575 Posts.
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    in case anyone was interested, I called and got the confirmation on the NABHA returns. So for a solid return on your investment it looks good. Current buy at $69 lets say u get $10,000 worth gives you 145 ish shares.

    145 x $100 = Face value worth is $14,500
    1/4ly returs of 4.333% (at you expect low point of interest rates atm as they increase next year u get 1.25% of the rate).

    So thats $628 in return on investment a year at current rate, around 6.28%. So on a 2-3 year plan as rates go up and you get the returns + a possible recovery in price, it looks a good low risk buy. I base this on that fact its a bank and you are in linebefore shareholders if the bank goes down (thats unlikely).

    Thoughts or anything I missed greatly welcomed!
    Im aware there are others in the market.
 
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$36.95
Change
0.750(2.07%)
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$36.64 $36.98 $36.37 $153.6M 4.169M

Buyers (Bids)

No. Vol. Price($)
1 456 $36.86
 

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Price($) Vol. No.
$36.96 43280 3
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