I'm not sure if we'll hear any comment from management as to what specific issues are of concern. With a 6 month timescale we can probably assume there is no urgency and possibly there are some compliance issues which will need to be resolved. I think it is not wise to compare it to WBC or CBA whose issues were on a far greater scale simply by virtue of the amount of money involved. BFG transacts nothing like the big banks and my guess is that if there have been non - compliance issues then they will need to be rectified and may incur some penalty but nothing like the banks. Meanwhile this all affects the share price and hindsight may prove that now is an excellent buying opportunity particularly with the yield on offer.
BFG Price at posting:
$1.50 Sentiment: Hold Disclosure: Held
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