NAB 0.51% $37.58 national australia bank limited

Ann: NAB launches capital raising, page-173

  1. 160 Posts.
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    Fair point.... from 2018 Annual Report

    https://hotcopper.com.au/data/attachments/2125/2125142-43e8627351c2b2efd6d9cb562e1f9ca6.jpg
    Back in 2008, NAB allowed retail shareholders to apply for $10,000 in new shares and this has been increaed to $30,000 in the current SPP.

    NAB only receievd $250 million in offers to purchase new shares in 2008 and accordingly there was no scale back. Not sure on the number of small shareholders back then....

    I intend on applying for $30k - if i get scaled back so be it... but i dont think it will be alot based on what happened in 2008 (Perhaps 30%, who knows..)
 
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