NAB 0.68% $23.32 national australia bank limited

directors selling and capital raisings

  1. 106 Posts.
    I note the moderators censoring of various posts about this topic - However it is a real one and deserves to be allowed to be explored.


    Ahmed Fahour (Director and CEO of NAB) lodged an appendix 3Y notice with ASX(Change of directors interests) on the 5th November - In the notice it states that he has reduced his holdings (ie SOLD on market) 130,000 shares for $3,221,904.65 (Average $24.78) as at 3rd November 2008

    On the 10th November 2008 the NAB announces a capital raising at $20.00

    I will reply to my own message so that of my discussion cannot be seen to taint these facts.

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