I think NAB made a loss of 40m on AMP and they sold SGB to make it look better. SGB was a jewel in their asset base and the unrealised p/l was already factored in so getting rid of AMP was the reason for the bounce.
I rkn this is got to be one of the most cynical moves a major has ever done. Mkt will see thru it pretty quick too.
did any of you predict nab's action, page-13
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Last
$39.14 |
Change
0.280(0.72%) |
Mkt cap ! $120.9B | |||
| Open | High | Low | Value | Volume |
| $38.91 | $39.30 | $38.82 | $35.43M | 905.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 241 | $39.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.15 | 6588 | 23 |
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| Last trade - 11.48am 18/09/2024 (20 minute delay) ? |
| NAB (ASX) Chart |