BOQ SP drop is in addition to drops over the last 12 months. fortunately they have been putting out all of the bad news during this time and the new CEO has put out the strategy plan to turnaround. Pandemic will put pressure on this but likely to take longer to achieve rather than not being achieved is the outcome. Big 4, outside of CBA (started transforming earlier) are currently going through the CEO crisis play book - survive focus only then put plan in place to emerge - and will take longer to plan for way out and then emerge. some are still dealing with big challenges of getting old wealth business out the door. BOQ sell down overdone and they already have a plan to emerge so should get back quicker. All IMO.
BOQ SP drop is in addition to drops over the last 12 months....
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