NAB 1.19% $37.24 national australia bank limited

I just hope the board looks after the retail investors. Since...

  1. 530 Posts.
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    I just hope the board looks after the retail investors. Since 48% of NAB is owned by retail investors the SPP should be about the same size as the placement. i.e. $3B not $500M. I think retail investors have the right to be pretty angry if we get less than instos on a proportional basis. If this does happen it would be worth following up with APRA as there is a clear situation where one category of holder is favoured over the other.
 
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