Right...
A little less enthusiastic after listening to the Q&A session.
I am afraid management were not able to be more confident in terms of two major issues
1 Cost control
2 ASIC investigations of the Direct insurance industry and subsequent regulatory risk.
This second one is a biggish concern.
Management additionally speak of sales momentum returning to normal, without being more specific (understandably). Makes predictions about 2H18 murky.
I need to account for the above in any further purchases.
- Forums
- ASX - By Stock
- Loss of trust reflected in the share price
Right... A little less enthusiastic after listening to the Q&A...
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