@practisingaccountant,
Thanks.
My guess is that Ms J Papageorgiou has direct experience of the Bail In laws that were enacted in Cyprus a few years back. Anyone with a balance greater than €200,000 lost the amount above that and were given bank shares in lieu of. But they were basically worthless.
The Aust govt has similar laws in place here which are a concern.
I would never have imagined they would have need for them, but then along came Covid, a trillion dollar debt and a fallout with our largest trading partner.
Hopefully it never happens here.
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Last
$38.91 |
Change
0.440(1.14%) |
Mkt cap ! $119.1B | |||
| Open | High | Low | Value | Volume |
| $38.33 | $38.91 | $38.28 | $194.0M | 5.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2889 | $38.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.92 | 22032 | 2 |
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| Last trade - 16.16pm 31/07/2025 (20 minute delay) ? |
| NAB (ASX) Chart |