Couldn't be fuzzed, once the SP goes up to about 15-20c the pip spread won't be as much. We'll that's assuming there's no major disruption with the elections. Thats the only key external risk I can see. Come Feb if it's a continuation or peaceful transition I think there will be a re rate, if not well consolidation won't help. My best guess for the elections is a smaller majority or potentially even a need for the major party to make a deal with a coalition partner. Seems like there's a gradual change under way reading up on the past elections.
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