NAB 2.07% $36.95 national australia bank limited

NAB SPP Risks, page-30

  1. 5,370 Posts.
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    My opinion is that NAB and their management expect the share price will fall below the SPP ask.
    That is why there is that 2% discount if it does.

    Then there is the question of cancelling future dividends, that could hold for a couple of years.

    After some thought, i have decided to add to my BHP and RIO stocks.
    No SPP for me.

    For me it is always "the glass in half empty", a natural born pessimist, the best kind.

    I hold 2,320 shares of NAB at a break even price of $25.97.
    If i entered the SPP, my average would be reduced to $23.30.

    Then there is "in my own opinion" NAB management stink and should all face criminal charges.
    Jail the bastards !!!!
 
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