NAB 1.24% $19.09 national australia bank limited

spin doesnt conceal magnitude of incompetence

  1. 6,716 Posts.

    The spin does not conceal the magnitude of the incompetence of the directors of NAB.

    Saw comments today boasting about how their placement was a discount of only 10% to fridays price.

    Well it was also a discount of a WHOPPING 23% to last Wednesday's price.

    It was also at a lower price than the shares have traded on anything except one day in the last TEN YEARS

    It was also barely half the price of shares they were buying back not so long ago. Buy high, sell low, NAB capital managers are such geniuses ! NOT !
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