The new CEO, Matt Cooper, should realize why his predecessor was shown the door. Matt was COO when Carl was CEO. They worked side-by-side. He had plenty of time to learn from Carl's mistakes. He will not get a pass for repeating them. If he too lays down in front of Suncorp, sayonara Matty.
AMA shareholders don't want ANOTHER capital raise to pay the cost of fixing Suncorp's cars. We want Suncorp to pay for that.
Suncorp can use the interest income on the $400 mil. we gave them to help them out with that.
Enough is enough. This situation is absurd. Get sufficient pricing from Suncorp or get out of the driver's seat and let someone else do it.
Bell Potter drops AMA target from $0.12 to $0.08, page-8
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