NBS 0.00% 9.9¢ nationwide building society.

stupid, gullible, or both ;-), page-26

  1. 36 Posts.
    Assuming the receivable is paid the question will be how NBS will convey this to the market, considering its stated position of not providing updates on cash receipts.

    First of all you would think NBS will want to get this information out as soon as possible since they know how importatnt it is to the market.

    A couple of ways they could do it include re-scheduling of the roadshows & covering off the cash position as part of the overall presentation. So any announcement of upcoming roadshows could be interpreted as a good sign.

    Or they could include it in a dividend announcement. A dividend would not be out of question given the amount of cash held. Also it would greatly improve investor sentiment.

 
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