not enough to offset further write-downs imo.additionally - rate...

not enough to offset further write-downs imo.

additionally - rate cuts will only serve to undermine savings of the elderly and make retirement living even less affordable.

my research is almost done. with sizable debt and a valuation heavily derived from over-inflated property price, this one is a sure bet to fall. i will be going short and pyramiding this one down asap!

ask yourselves: where is the line of least resistance? up or down? cap raising just to pay off debt and looking to quarter % rate cuts to ease pain sounds like a firm in a bind, not one about to turn around any time soon. debt and property are not a good place to be at present imo

share consolodation only makes it a longer fall to the bottom and means more money for shorts than could have been expected before... psychology plays a part down at sub-20c but 1.40 gives plenty of room.