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
$38.74 |
Change
-0.310(0.79%) |
Mkt cap ! $118.9B | |||
| Open | High | Low | Value | Volume |
| $38.40 | $38.74 | $38.40 | $22.40M | 580.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2070 | $38.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.74 | 510 | 5 |
View Market Depth
| Last trade - 11.54am 09/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |