Anyone who remembers me as an ultra-bear on NAB, I was wrong and am eating my words as I promised I would.
The market clearly loves the result and it looks like Ross McEwan has concocted a re-rating of this bank. Well done NAB holders. Still, why he raised capital at the bottom and paid out CR funds as dividends is beyond me, probably may have been $33+ by now if he didn't do anything.
The CET1 ratio looks healthy and so a pay bump can be expected in the May results.
I hold CBA/MQG directly and NAB indirectly via ETFs so I hope for everyone's sake it finally breaks its ~$40 ATH by next year and the dividend plumps up nicely to boot.
Anyone who remembers me as an ultra-bear on NAB, I was wrong and...
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Last
$37.90 |
Change
0.490(1.31%) |
Mkt cap ! $117.1B | |||
| Open | High | Low | Value | Volume |
| $37.77 | $37.97 | $37.74 | $95.09M | 2.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 604 | $37.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.90 | 15076 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |