That story has been around for a while starting with a UBS note. The question is how much is already priced in. I bought on the day Michael West wrote up the story in quite a hysterical way - talking about the potential for $1.6 billion loss etc. Thought that may have been a short term bottom but its still scraping along the bottom.
buy, page-62
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Last
$38.85 |
Change
-0.200(0.51%) |
Mkt cap ! $119.6B | |||
| Open | High | Low | Value | Volume |
| $38.40 | $38.87 | $38.40 | $35.28M | 913.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 757 | $38.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.86 | 1329 | 8 |
View Market Depth
| Last trade - 13.51pm 09/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |