NYSE:NBG.P.AWD - Post by User
Comment by
G1945Von Jul 09, 2015 7:13am
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Post# 23906210
RE:RE:RE:Great time to jump in ?
RE:RE:RE:Great time to jump in ?I don't see why not if they patch things up with the creditors and remain in the Eurozone. After all, they were heading in that direction before the crisis hit.
If I am not mistaken, based on last year Dec 2014, the balance sheet for NBG showed an approx $11.6 B in equity. Outstanding shares is 3.5B. So quick math gives you $3.30/share. SPP is now @ US$0.88.
Does anyone see it this way? Does the math work out correctly? Or am I all wet?
Keep in mind that this is off last December. I don't know what's changed on the balance sheet since then.
jmo
G1945V