You could argue new money is getting in on the cheap but they have to deliver.
Luckily this is fully underwritten so solvency is sorted.
Even without averaging down, there is a good chance of seeing 30 cents plus in the coming years if they do manage to execute on 2 out of the 3 cornerstones.
This will probably get traction 4th quarter 2020 FY.
No point whinging - we should have all made better decisions in the past.
I think brighter times ahead.
You could argue new money is getting in on the cheap but they...
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