I think NBS will be well placed because ..
1. We have secure and contracted payments and revenue.
2. A global crash will lead to a very weak AUD and a strong
USD - as everyone in the USA rushes once again back into their dollar and as commodities and our commodity based AUD gets smashed.
the USD and the AUD will be travelling in 2 different directions.
You just have to look at what happened in March during the last crash.
So secure payments and a weak Australian dollar (perhaps below 60 cents to the strong USD) and hence enhanced earnings in a market crash - the crash could help NBS in a perverse way.
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