NAB 0.29% $36.14 national australia bank limited

It is ridiculous for NAB to drop approx 5% after announcing...

  1. 423 Posts.
    It is ridiculous for NAB to drop approx 5% after announcing exposure of $20M. For NAB to be down somewhat today would be OK - it went ex-div. But the drop in the last 20 minutes or so is ridiculous, for a minuscule exposure (in the scheme of things).

    One can only put it down to knee-jerk reactions, or possibly a temper tantrum by Mr. Market because NAB called in the receivers.

 
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