NBS 0.00% 9.9¢ nationwide building society.

you seem certain chopcity.Why don't you tell us what you...

  1. TBE
    3,734 Posts.
    you seem certain chopcity.
    Why don't you tell us what you know?

    The company has been a dismal failure at delivering commercial results and returns to shareholders.

    Management and directors have proven themselves to be very poor investors, having "bought" shares all the way down to 8 cents.

    Given the clear downward direction of the SP, I can only guess the reasons why they are so cavalier with their money because they look a million miles away from delivering a profit.

    I suspect the directors and management are not buying with their own money, though I have no way of proving this of course.
 
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