while you raise a good point it is again a case of pick your...

while you raise a good point it is again a case of pick your poison
the implication of the announcement and touted by many of the bulls still around at that time, was the huge implied scale, that NAB was switching to outsourcing and how infact main stream news media attention was imminent. NAB would save tens of millions in outsourcing their financial planning business.

So infact it would be material to NAB and of definite interest to NAB shareholders as there would also be job cuts and a new direction for NAB financial planning

This expectation is infact what caused the whole "bend the truth" to become undone, with some online news contacting NAB (again because of the implied scale) and NAB denying it had any knwoledge of a commercial agreement let alone an MOU, and categorically stating none existed. (can someone link the article - i dont have access to my notes)

This is the hazard of cherry picking facts to suit your holding position