I picked up banks too Speckled, but have since systematically...

I picked up banks too Speckled, but have since systematically sold out and put some more capital into OCC outside of my normal trading. I expect bank borrowing rates to go 2nd half if US ten years stay up, no matter what the RBA does. US mortgage rates are already creeping up. I've been amazed by the low delinquency rates in Australia, but fear that may change with job-keeper removal and rates rises combined...mortgage delinquencies are pushing 20% in the US. Its a concern.

I am building OCC ahead of the 3Q results and what will hopefully be at last a full partnership with J&J in ATI. They've put everything in place and to be fair to management, as tardy as they are on communication at times, they came through with CelGro Bone as promised. Bio-techs always over promise and under deliver, but this one has eventually and should continue to do so.