My opinion is that NAB and their management expect the share...

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 !!!!