SP is lagging because big fish can see this pilot is not having a big impact on CBA. no one knows any details of the pilot, how many financial planners involved, how much work is being done, are they just demonstrating it's worth on a small scale to get CBA approval, was there ever a plan to increase production or number of financial planners involved. it's all very secretive and punters are simply relating pilot success to increase receipts. I think that will be their biggest mistake. As I take the pilot extension in this time of turmoil extremely positive and expect IAM to convert.
IAM Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
