SGB st george bank limited

P/e = 27NAB not only no longer wants to take it over, but is...

  1. crashy
    1,741 Posts.
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    08/07/02
    09:26
    Post #: 34515
    P/e = 27
    NAB not only no longer wants to take it over, but is selling the 9% it owns. Directors gave themselves a performance bonus of 93,333 shares, and promptly sold them. Then sold more.
    The takeover premium of about $5 should be first to go. Then it should fall some more on market jitters.
    Look for $14 soon.
    SGB Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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