NAB 0.06% $36.19 national australia bank limited

Anyone who remembers me as an ultra-bear on NAB, I was wrong and...

  1. 670 Posts.
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    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.
 
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$36.42 $36.42 $36.02 $228.7M 6.305M

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No. Vol. Price($)
1 20000 $36.15
 

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$36.19 8020 2
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
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