NBS 0.00% 9.9¢ nationwide building society.

That is kind of funny - Damo getting TOU'd for "ramping" NBS......

  1. 1,497 Posts.
    That is kind of funny - Damo getting TOU'd for "ramping" NBS...

    Pity there wasn't a TOU button on some of those NBS announcements to the ASX, eh Damo?

    At least today's announcement looks to be based on something more solid and the numbers look more believable. At a forward EV/EBITDA ratio of 5.7, I'd have thought they were priced about right for now though - and that presumes the numbers are not swung by capitalised development costs or one-off milestone payments.

    This could be a baby-step in the right direction... or turn out to be another head fake. Fun to watch, but the odds aren't enough for my cash.
 
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