NAB 0.05% $38.95 national australia bank limited

You are very funny Nonic!!!NAB has approximately $29 Billion in...

  1. 178 Posts.
    You are very funny Nonic!!!

    NAB has approximately $29 Billion in net assets (book value). The current NAB market capitalization is approximately $44 Billion.

    That is, NAB's share price has currently $15 bilion in goodwill for a very large business network with a large number of sophisticated systems and processes.

    If it drops to $10 the market capitalization will be somewhere around $18 Billion. That's $10 billion less than its net assets.

    Do you need need these facts in simpler terms?

    Or you have inside knowledge that NAB will loose more than $20 billion in bad debts?


 
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