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Banking Royal Commission, page-30

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ChuckFarley

990 Posts.

36

16/09/18

19:47

Post #: 35633516
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Originally posted by JCoure ↑

Why me? I am fine. The Financial Services Royal Commission, which is what it is actually called unlike the subject matter in the thread, is likely to pass. The ABC 4Corners Program and Royal Commission has a new fever upturned from August 2017 into the Aged Care Sector, Lend Lease and others.

Hope APT is not involved in that sort of misconduct which is unlikely as you would not think aged care recipients would be using APT products? But then again, I would not have thought an APT product was used for funeral insurance sold to the poor like in the AFR scenario.

Negative findings from the FSRC are more likely into FIG and that is why the FIG SP fell by 86%. The AFR is behind a paywall so so far the market does not see the negative impact from the FSRC befalling APT to anything like the same extent.

I could be proved wrong but I do not think APT will fall 86% based on evidence so far.

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Luck in your future endeavours and your investments in whatever and where ever they are is what what I meant.

APT Price at posting: $17.27 Sentiment: None Disclosure: Held
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