NAB 0.93% $37.24 national australia bank limited

I smell trouble on the horizon hereWhy would a "highly...

  1. 262 Posts.
    I smell trouble on the horizon here

    Why would a "highly profitable" entity be raising money via a placement at such a discount

    Looks as if NAB may have more dodgy loan exposure to announce in the coming months

    Many of the US banks that are now at the point of no return did placements to "ensure that their growth strategies and operations can continue"....blah blah blah...they claim everything is fine...Then the retail shareholders gets a punch in the mouth



 
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