Did anyone else notice that bad debts and arrears actually increased during the quarter? Page 6 from todays report. Net bad debts are now 3.4% in ANZ alone!!!! This is disgraceful and begs the question, what are they like in USA?
Why did the company change the ticker today of all days? Maybe so people cant find the report as easily and sell their shares? I will be surprised if this company is still trading as a going concern by the end of this year.
Bad debts and arrears at all time highs. How long until bankrupt?
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