NBS 0.00% 9.9¢ nationwide building society.

why now??, page-8

  1. 11,407 Posts.
    Thanks to Ouisa and Dorc.

    Gotta say its a very interesting situation.

    Dorc has raised a pretty valid question....why now?

    If you did want to obliterate your own company's share price....I really dont think you could legally do it better than NBS has.

    Now they seem to be within the legalities of it all but to come out with that announcement today and then be lieing....I find it really hard to believe...wouldn't that be a massive jail sentence? Full on white collar crime.

    It really could be an elongated plan to have halved the share price to shake as many out as possible to in effect allow someone else to load up?

    I really have no idea but learning a lot on watching the events un-fold.

 
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