re: nab?? options?? divi dates for the banks Code Report Date -ex divi date----expected divi
ANZ--26/10/2004- 4/11/04-$0.52
NAB--10/11/2004--15/11/04-$0.83
WBC--6/11/2004--18/11/04--$0.46
SGB--1/11/2004--29/11/04--$0.60
Again NAB divi's are not certain at this stage. I believe they will be the same as the market expects, however if they are reduced $27 will break.
All the big brokers are recommending NAB to outperform the market over the next 12months with price targets around the $30 mark. But some people are now calling a short on NAB... including on the whole sector (looks at bit toppy). Ie check out ANZ chart b4 divi's paid=> it runs hard and then 2x before divi gets sold off.
IPO= the market has run to hard and a correction will happen sooner rather than latter.
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re: nab?? options?? divi dates for the banks Code Report Date...
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