Moc and AFG down by 30%. Banks up as far as 6.5%
Can't see the government allowing the mortgage industry to be destroyed like this without some intervention or change.
I still wouldn't buy these shares but the brave willing to lose it all might see a bounce one day.
I'd be selling into any recovery ASAP. if the government intervene and change or ignore the recommendations you'll regret selling if they don't you save yourself a lot of pain and be glad you did.
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