NAB 0.90% $35.77 national australia bank limited

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  1. 1,694 Posts.
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    Agree AO. I have recommended to those holding cash who are unsure what to do with it to buy NAB up to $30.50. Collect the $2 dividend (annual pre tax yield of 8.67% - much better than a savings account) and hold through the volatility until it retraces to $35 on one of the sucker rallies we will get through the course of the year. I don't think our market will necessarily be higher in 12 months time but I know that it will certainly be volatile. This strategy allows one to profit from the volatility while still picking up a yield superior to many term deposits.
 
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$35.77
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$35.83 $35.88 $35.64 $93.39M 2.610M

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No. Vol. Price($)
2 1441 $35.77
 

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Price($) Vol. No.
$35.80 12867 2
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