This company really is the canary in the Australian economic coal mine. Interest rates to go lower, recession now high on the cards. CAA IMO are doing the right thing, downsizing, efficiency investments and no real debt servicing issues. Pity the other companies which have not prepared for the storm coming. Government had better start spending money to offset the consumer otherwise we are toast. Unemployment is going to rise quickly over the next 6 months IMO. DYOR
Ann: 2019 Half Year Results Presentation, page-2
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