-5p22 Jun 2020 20:32
I agree with sentiment - look at the typical client - poor credit, will opt for payment holidays and will def follow the sheep and be a chancer to get compensation. The defaults and claims could wipeout any cash they have plus JB dumping close to 5 million a day.
Someone said he’ll stop at 50mn..... nope its irrevocable / non- cancelling order to the broker to sell 1% a day, l guess regardless of price.
Those spouting turnaround, cash reserves to fall back on, profits are deluded. There will be no profits and there ia likely to be no cash as claims are going to spiral out of control.
This is fooked!