in case anyone was interested, I called and got the confirmation on the NABHA returns. So for a solid return on your investment it looks good. Current buy at $69 lets say u get $10,000 worth gives you 145 ish shares.
145 x $100 = Face value worth is $14,500
1/4ly returs of 4.333% (at you expect low point of interest rates atm as they increase next year u get 1.25% of the rate).
So thats $628 in return on investment a year at current rate, around 6.28%. So on a 2-3 year plan as rates go up and you get the returns + a possible recovery in price, it looks a good low risk buy. I base this on that fact its a bank and you are in linebefore shareholders if the bank goes down (thats unlikely).
Thoughts or anything I missed greatly welcomed!
Im aware there are others in the market.
chart, page-19
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$35.63 |
Change
0.320(0.91%) |
Mkt cap ! $109.9B | |||
| Open | High | Low | Value | Volume |
| $35.73 | $35.79 | $35.43 | $76.33M | 2.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10799 | $35.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.68 | 2800 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| NAB (ASX) Chart |