The warning I posted earlier on the volatility of these company's position in relation to their over exposure to the housing market is comming home to root. Did I hear the NAB say $100 million only. Phooey!! what tripe.
The problems here lie with the reluctance of the regulators from APRA, The reserve Bank, ASIC and the ASX to quesiton them to the point of eliciting a scream with the truth. A yepl alone does no good.
Categorically I will state that over $4 billion of the US is in jeopardy. Thats four billion.
Wth the ANZ and Commonwealth lets double the figure to get the picture. It is Huuuuge!!!!
nab, anz and comm
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$36.19 |
Change
0.020(0.06%) |
Mkt cap ! $112.2B | |||
| Open | High | Low | Value | Volume |
| $36.42 | $36.42 | $36.02 | $228.7M | 6.305M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $36.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.19 | 8020 | 2 |
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