I can hear those pigs wings flapping :) The days of stupid...

I can hear those pigs wings flapping The days of stupid valuations based on grotesque ideas of mega sales in overseas markets are well and truly gone.

hum has stripped out the loss making products. All credit to it for seeing the writing on the wall and acting way before some of the others, so it didn’t go bankrupt.

it is now left with some eventually well performing consumer credit bits (cards and big things), a commercial finance arm that appears to be doing well and a tiny exposure to overseas markets.

maybe eventually a price of $2+ will be achieved, but to even be thinking of $10 or $14 is seriously living in fairy land.