Somehow I think an element of kitchen sinking will be the order of the day …. Bad debt provision will be worked in before it happens… part and parcel of keeping one’s job.
Live locally to HQ … know a few members of staff rumor has it things are definitely getting tougher so don’t expect happiness on the next update… Sorry
You may not be a lawyer FireAnt but thank god some one on this chat page can talk some sense at last.. you are absolutely correct on your observations.
I like your logic and what you say is exactly what happens in the fund world .... if this current management can keep there heads PF could be a very shrewd investment