SP does not move only because of eps. Everything was trading at very high price .. Instos can not make much from those entry price. They needed some excuses to orchestrate this downfall. They come back soon to take dividends. Look at BHP ... profit was down div was reduced .. still held the sp. Where would you put your money? commodity price is going down .. interest rate is not attractive .. only realestate is cheap now.
NAB Price at posting:
$35.08 Sentiment: Buy Disclosure: Held
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