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14:33
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Originally posted by zebster:
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I also listened to that RN interview with Skroo. My heart sank listening to him. He sounded washed out and totally spent. I interpreted his cautious comments relating to the JobKeeper initiative in the context of what it would mean for the stood down employees, rather than any kind of commentary about what it meant for the business itself. Fran's line of questioning was all about the employees (nothing wrong with that), which is what he was responding to, imo.
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I'm not sure how you are missing the key point. You sound like a smart guy. The value in FLT is premised on how well it can bounce back in a recovery AND how much cash bleed will occur in the interim. The JobKeeper initiative adresses both of those issues - though, as it stands, its value diminishes rapidly depending on how much longer than 6 months hibernation persists.
(20min delay)