fed interest rate cuts and impact on sp, page-2

Rate cut will give support to the stock, general market in for a rebound of 120 -140 points today IMO

sP support will strill be 60-65 until further finance update.
I have herd large interets in the wholesale fund from a number of Asian investors from Malysia

This will be the best out come as some equity injection will stabilise SP and eventually lift if finance is resolved

Was at Korda Metha yeasterday and confirmed they have pitched for the centro business to a number of banks after there westpoint and fincorp expepertise so we are not out of the woods yet