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.
Agree AO. I have recommended to those holding cash who are...
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Last
$36.29 |
Change
-0.400(1.09%) |
Mkt cap ! $112.4B | |||
| Open | High | Low | Value | Volume |
| $36.60 | $36.65 | $36.24 | $127.9M | 3.518M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1594 | $36.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.30 | 11424 | 3 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| NAB (ASX) Chart |