On my back of the envelope numbers the bank will make $15m-$20m less due NIM.
What if advice actually does breakdown and not just last $10m-$15 will be difficult, $30m-$45m
Platforms keeps souring?
250M less shares out there.
Advice start becoming positive in 2025 with the added cash flow of the new bank.
Does the $50m(costs) + $30m - $20m get added to npat?
Does that equal $250m profit on 2.45b shares???
Ann: Appendix 4E & 2023 Annual Report, page-81
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