Just watching the news on channel 7.
The guy from westpac said that NAB is down 30 cents cause people are expecting a 18% fall in profit??
Does that mean if profit is only down 12% we might see a big rally tommorow???
Comparatively NAB looks very cheap.
my "guess" is tommorow will be a reasonably strong up day for NAB, the start of a new small term uptrend.
Dividends & high prices for Irish banks the main drivers.
Cheers.
18% fall in profit tommorow
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Last
$38.05 |
Change
-0.530(1.37%) |
Mkt cap ! $118.1B | |||
| Open | High | Low | Value | Volume |
| $38.77 | $38.85 | $38.05 | $164.0M | 4.289M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21336 | $38.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.10 | 2016 | 2 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| NAB (ASX) Chart |