NAB 0.41% $27.02 national australia bank limited

Short NAB - MSCI Reweightings & Buyback Suspension

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    From Citiwarrants

    Short NAB - MSCI Reweightings & Buyback Suspension

    We are looking for a short term peak in the banks by the end of September when S&P/ASX index change demand will be exhausted. The pick of the banks for a short side trade would be NAB with a break of short term support at $35.20 looking imminent. Many of those cautious over a short trade in NAB have cited the buyback as a reason for looking elsewhere.

    However, at the end of September NAB will suspend its buyback as they enter their blackout period before their Nov 1 result.

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Mkt cap ! $86.28B
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$27.06 $27.24 $26.87 $121.2M 4.486M

Buyers (Bids)

No. Vol. Price($)
2 1036 $27.01

Sellers (Offers)

Price($) Vol. No.
$27.04 21473 1
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Last trade - 16.10pm 24/06/2022 (20 minute delay) ?
-0.110 ( 0.59 %)
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$27.05 $27.24 $26.88 3155206
Last updated 15.59pm 24/06/2022 (live) ?
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