sigh!... not what I’m saying at all, I’ve explained this stuff many times but if you don’t understand the space your comprehension is limited to the pedestrian world of small business, personal or mortgage lending.... there’s no f’n money ever come within a moonshot of these tossers.... monetisation is a discounted paper transaction between banks dressed up to appear like lending in order to satisfy BIS Basel protocols. The entire world is sustained via it while everyone knows it’s a farce... the UK entity was obviously established to be a participant on the back of the Australian entity’s project... while it’s a moot point because it ain’t going to happen, shareholders and auditors should be privy to both the UK Newco’s deal and it’s back to back with GMC
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