NAB 0.48% $39.51 national australia bank limited

Fair enough comments too. I don't necessarily believe that the...

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    Fair enough comments too. I don't necessarily believe that the compensation will be that material though. Might be a case that the legal costs defending them will be higher. They will face some head winds but I think there was a general panic and the shares (all banks really) were over sold off.

    Still recall that the dividend has not changed for a few years (maybe that will happen but I can't see that declining very much either if it does) and the SP has been in a rough range of $24-35 over that time. NAB has still made a similar profit over that time as well plus, they have left behind that UK millstone around the company's neck.

    A $30 SP still makes NAB a good investment and a longer term hold for me anyway.
 
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