I know I shouldn't take any kind of satisfaction in the misery of others (especially all the default super investments out there).. but it's quite pleasing to see WBC down from near $30, to near $24 over this. Getting closer to being 20% down.
The 'pleasing' feeling comes from the fact the market is seeing the very real negativity and risk in the WBC scandal, and reacting strongly, as opposed to thinking it's a blip, only worthy of a brief 2% fall.
I just hope this translates in to some sort of commercial benefit for ISX, if and when it resumes trading.
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