Am I clutching at straws?The company's 4C clearly states the wages bill has ballooned.
We know CBA are the only entity IAM are engaged with at this point.
I have tried to explain to myself another reason for the wages cost growth but for the life of me I can only see one reason CBA. If you have another I'm all ears.
The question is is IAM worth a punt at 1.1 c given what we know. I believe it is.....time will tell. DB
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