Less a concern to be honest, the gap is currently at $3m if new changes coming into place eff 01/07/2018.
Not ideal, but not deal breaking.
And a straight cut like this, ie $4m for everybody will never make to the end, eventually it might look like to what FBR suggested, either progressive reduction or case by case, either way, FBR made some valid threat for its worth: 1. 12,000 people will be furious if you cut it to $4m, 2. This is so sheet, we might leave and you might lose us...
None of that of cos is going to happen, I'm not worried, yet.
FBR Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
