NAB 0.56% $36.23 national australia bank limited

Chass,I remain positive on the banks - my comparison is to the...

  1. 696 Posts.
    Chass,
    I remain positive on the banks - my comparison is to the return on deposits which are pitiful. Buyers will return, especially overseas funds that have purged their holdings but decide to buy back when they believe the $A has bottomed.

    Having said that, had I known NAB was going to fall back to $28 I would have gladly sold for $34.50 and paid the CGT bill whch would have arrived rather too soon. Having the chance to buy back so quickly at what are reasonable prices is a surprise. It may go lower yet though.

    My focus is on longer term and dividends BUT it just goes to show you - losing the chance to book say $8.50 in capital gain to retain $1.80pa x 30/70 in franking can be false economy in these volatile times.
 
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Last
$36.23
Change
0.200(0.56%)
Mkt cap ! $112.2B
Open High Low Value Volume
$36.26 $36.44 $36.07 $152.6M 4.216M

Buyers (Bids)

No. Vol. Price($)
1 3369 $36.22
 

Sellers (Offers)

Price($) Vol. No.
$36.23 9815 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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