JimK
Why do you say QPP PSD ( now SGS) purchase was a stuff up? . SGS has the capability to churn out $200M EBIT ....since it dominates this motor/med insurance segment of the market in UK, it is best placed to outcompete if the market shrinks a bit as a result of GO proposals. My feeling is that SGS batch processing will grow, whatever GO gets onto the statute book.
I think purchase of QPP was visionary. I think Oz shareholders have been told and told it was a disaster by those who would benefit from SP fall. The same Oz shareholders will like it a lot when it is fuelled up and performing.
Mel
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