Cant think of this being as a negative news . They are purchasing a loan book with higher margins (unsecured lending). When rates goes up it becomes money for jam . In the short term people can do whatever to the share price.
i work in banking and long term it makes sense what nab is doing
Ann: NAB announces Citigroup agreement, page-9
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Last
$39.65 |
Change
0.320(0.81%) |
Mkt cap ! $121.8B | |||
| Open | High | Low | Value | Volume |
| $39.50 | $39.80 | $39.18 | $209.5M | 5.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3435 | $39.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.66 | 14865 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |