Jump to content
SAU Community

Recommended Posts

I take it they have some sort of 1 for 1 share offer going on at the moment?

If I had NAB shares I'd be buying as many 1 for 1's as I could and flogging off the existing expensive ones...for that share price is going to drop once they are issued.

The NAB SPP specifically states that the offer isn't transferable.... but we don't know what your doing so we can't say if it's illegal :D

I've applied for the full amount, think i'll be lucky to get 1/3.

What do you recon Daniel?

I take it they have some sort of 1 for 1 share offer going on at the moment?

If I had NAB shares I'd be buying as many 1 for 1's as I could and flogging off the existing expensive ones...for that share price is going to drop once they are issued.

pretty sure it's 1 to 20 issue and capped at a max of $15K for which you'd need to be currently holding $300K of shares... which of course prevents people trying to profiteer of other retail investors without the capital to take up the SPP unless you can sign up a lot of naive people. and ferni said they stipulate it's not transferable which would usually be the case anyway.

I'm not a NAB shareholder so it doesn't worry me either way but if you are read the offer carefully. :D

wasn't planning on transferring anything.

i didn't see a 1-for-anything mentioned. I'm 99% it was like ANZ, $15K and that's it.

To answer your question Ferni, your guess it as good as mine :down: But food for though, ANZ ended up raising about $2.1 Bill Gates, waaay more than they actually planned on raising. The board made the decision to accept all applications, which was good. So there has been a bit of a precedent set by one of the big four, which could very well end up seeing NAB follow suit. It also seems NAB is very acquisition happy at the moment, and as this SPP will be way over subscribed, perhaps they'll take all they can get. Time will tell.

Unfortunately, couldn't get anything going other than the parents, so good luck Ferni, let's hope for a limited (if any) scale back.

Yeah there is defiantly no 1:1 in this. As long as you are a share holder you get to apply for the full amount (15K) minus anything you picked up in the last SPP.

As for NAB taking all they can get, if this happens then it will effect the share price i suspect.... we'll see in just over a week...

there is some info here on it. not sure how accurate or not it is but it may answer some of your speculation.

http://www.theaustralian.news.com.au/busin...4-16941,00.html

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


  • Similar Content

  • Latest Posts

    • The rain is the best time to push to the edge of the grip limit. Water lubrication reduces the consumption of rubber without reducing the fun. I take pleasure in driving around the outside of numpties in Audis, WRXs, BRZs, etc, because they get all worried in the wet. They warm up faster than the engine oil does.
    • When they're dead cold, and in the wet, they're not very fun. RE003 are alright, they do harden very quickly and turn into literally $50 Pace tyres.
    • Yeah, I thought that Reedy's video was quite good because he compared old and new (as in, well used and quite new) AD09s, with what is generally considered to be the fast Yokohama in this category (ie, sporty road/track tyres) and a tyre that people might be able to use to extend the comparo out into the space of more expensive European tyres, being the Cup 2. No-one would ever agree that the Cup 2 is a poor tyre - many would suggest that it is close to the very top of the category. And, for them all to come out so close to each other, and for the cheaper tyre in the test to do so well against the others, in some cases being even faster, shows that (good, non-linglong) tyres are reaching a plateau in terms of how good they can get, and they're all sitting on that same plateau. Anyway, on the AD08R, AD09, RS4 that I've had on the car in recent years, I've never had a problem in the cold and wet. SA gets down to 0-10°C in winter. Not so often, but it was only 4°C when I got in the car this morning. Once the tyres are warm (ie, after about 2km), you can start to lay into them. I've never aquaplaned or suffered serious off-corner understeer or anything like that in the wet, that I would not have expected to happen with a more normal tyre. I had some RE003s, and they were shit in the dry, shit in the wet, shit everywhere. I would rate the RS4 and AD0x as being more trustworthy in the wet, once the rubber is warm. Bridgestone should be ashamed of the RE003.
    • This is why I gave the disclaimer about how I drive in the wet which I feel is pretty important. I have heard people think RS4's are horrible in the rain, but I have this feeling they must be driving (or attempting to drive) anywhere close to the grip limit. I legitimately drive at the speed limit/below speed the limit 100% of the time in the rain. More than happy to just commute along at 50kmh behind a train of cars in 5th gear etc. I do agree with you with regards to the temp and the 'quality' of the tyre Dose. Most UHP tyres aren't even up to temperature on the road anyway, even when going mad initial D canyon carving. It would be interesting to see a not-up-to-temp UHP tyre compared against a mere... normal...HP tyre at these temperatures. I don't think you're (or me in this case) is actually picking up grip with an RS4/AD09 on the road relative to something like a RE003 because the RS4/AD09 is not up to temp and the RE003 is closer to it's optimal operating window.
    • Either the bearing has been installed backwards OR the gearbox input shaft bearing is loosey goosey.   When in doubt, just put in a Samsonas in.
×
×
  • Create New...