Hammered for the risk, page-8

  1. 3,101 Posts.
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    looking into this further the CFO is leaving but is not being pushed out, which is a good sign.

    The arrears numbers seem explainable and normal, about 4% 30+ arrears and with recovery a loss rate of about 1.8%.....they are forecasting it to trend to 2.5% over time. These numbers actually seem pretty good really.

    I think the expectations management have been totally screwed up with this one.....combination of market and company at fault on that score.
 
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Last trade - 16.10pm 17/07/2025 (20 minute delay) ?
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