NAB 0.69% $35.96 national australia bank limited

re: exits amp, hhg, sgb - questions / opinions ? i suspect AMP's...

  1. 945 Posts.
    re: exits amp, hhg, sgb - questions / opinions ? i suspect AMP's share price will fall tomorrow. NAB's dumping will effectively take out most of any takeover premium that remains in the stock.

    it also shows a lack of confidence in the future of AMP.

    i suspect NAB would have lost money on the sale of their AMP shares but made more from the sale of SGB shares, perhaps providing a net windfall.

    i can't imagine another prospective bidder taking the shares off NAB's hands at a premium to the market value.

    these are just my thoughts on the matter.
 
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