NAB 1.44% $35.84 national australia bank limited

"Who thinks it was a good idea to pick up a big fight with other...

  1. 2,762 Posts.
    "Who thinks it was a good idea to pick up a big fight with other banks."

    Yes I think it's very stupid. Like trying to take over AXA at a PE of double their own, while issuing new stock at half the price. Like I said before the best thing NAB could do was nothing. They only had to not make mistakes and let time heal the valuation gap via organic growth and a cleaner record.
 
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