We need to also take into account that there is a growing trend of Financial Planning practices that are now self licensed. Advisers are seeing value in working under their own licence with the regulator (ASIC) instead of being connected to a bank via a subsidiary dealer group and being limited on product.
The last announcement which was an Intiger operations update, didn't mention Sentry at all. How on earth is that even possible when Sentry is the only pilot that has been officially announced to the market (6 months ago) it fails to get a mention at all in an operations update, give me a break. What does that tell the market? Is IAM going to slip that Sentry has failed to sign up in their March quarterly report?
There are too many posters with their head stuck in the sand. By the way I hope I'm wrong as I'm a frustrated share holder but just calling it the way I see it.
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