Loading up the truck, page-3045

The banks exposure in $A terms has already been massively reduced due to the plunging pound. At least $A50m at 0.544 pence to the dollar. Why must the bank "massively" reduce their exposure. They lend money. That is there business. If businesses don't lend money, banks go broke. The status quo is more likely. A large number of shareholders work at the company and will be disincentivised to work if they are diluted. The cash flows were predicted to arrive now and we will know shortly if they have.