I think this guy and other such jouro's must have bought shares at the peak and now intent on hurting the company.
Given its tiny market cap why bother..
I think the article is right in that Australian Banks have learnt the hard way from the 80's and will not simply slash and burn as they did then and will work to turn businesses around.
If the big 4 end up saving CNP, ABS, AFG and the other such companies surely it will be a win for all rather than simply cutting now and running !
some more reading from smh, page-5
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