NAB 2.07% $36.95 national australia bank limited

well, far be it for me to agree with my old sparring partner...

  1. 10,373 Posts.
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    well, far be it for me to agree with my old sparring partner Goblin (aka - dozens of names),
    but -

    at the projected dividend rate of $1.75 for this coming year, my margin lending rate of 6.85%, and my (creative) tax rate of 17%,
    my numbers show if I pay $29.85 for NAB then after all costs my net return would be about 1.3%.

    maybe that doesn't sound much, but that is without using any of my own money!!

    sure, NAB may go down further, but do your own numbers .
 
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