NAB 1.74% $38.58 national australia bank limited

oversold

  1. 13,097 Posts.
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    looks like the result was inline, strong and well provisioned, no plans for capital raising, doesnt want to gt distracted by M and A, acknowledges weakness, paying nice dividend, cash profit fall only 11% net profit still huge...seems sentiment has oversold this one...JP Morgan that started all the doubt at $33 is totally wrong, not raising capital and did not cut dividend...


    This one going north
 
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