RE: DEFI30 Jan 2025 07:20
Billy, do you really think they have moved loads of customers over to GS20 to ring fence their money? It’s a good idea but I’m not 100% sure, if you were a bake customer would you be happy your money being moved around?
I had the impression that they would probably keep name running and then use the GS20 as the parent part, so use bake tech and that, otherwise why take the money out?
Again none of this is a deramp , but I’m just failing to see how it going from top 20s to 45th is a good thing and is another item that probably needs explaining further.
The RNS stated assets a lot lot higher than that, unless they have gone to GS20 but that’s guess work with no proof.