Ann: Intention to Discontinue and Divest Non-Core Businesses, page-3

Stockwatchers/shareholders,

Reduces NAB exposure. Effect to BFC is assets off Balance Sheet and associated Liabilties/Debt gone also. Net effect = NIL.
Next happenings,

• Annual results - end August. Most lileky another LOSS.
• AGM - end November.

Pre both will we see,

• Sexton and/or Board departure.
• CEO gone??

NAB looks to be flexing its muscles.

Hard to see an Industry "white knight"riding into the BFC mess