NAB 0.22% $36.89 national australia bank limited

jp morgan increases price target, page-17

  1. 178 Posts.
    Insider trading?

    'NAB may tap US rescue fund to cut losses'

    http://business.smh.com.au/business/nab-may-tap-us-rescue-fund-to-cut-losses-20080924-4n98.html

    That may explain today's share price rise.

    If NAB writes back to the balance sheet 50% of the $1B it provisioned recently that would have a big impact on the share price.

    Another article refers to the future fund looking at buying australian bank stocks.

    'Future Fund to stick with shares'

    http://news.smh.com.au/business/future-fund-to-stick-with-shares-20080924-4n92.html

    It should be another good day tomorrow. Someone suggested $35 by Xmas. He might be right.

    cheers
 
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Last
$36.89
Change
0.080(0.22%)
Mkt cap ! $113.8B
Open High Low Value Volume
$36.92 $36.98 $36.83 $32.02M 867.6K

Buyers (Bids)

No. Vol. Price($)
3 935 $36.89
 

Sellers (Offers)

Price($) Vol. No.
$36.90 428 5
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