well whichever way you look at it ie either expanding poz to meet inflationery pressures or expending inflation to meet price hike of commodities, as long as the CTI (cost
to income ratio) is coming down, bring it on!!!
it is a good start to the quarter
as you mention.
it is important to note also that the team is not
merely
just hanging out at Hillgrove. Syndicate would be operating on some leaching and may potentially kick in some good money also ie $5m or less, but its something at leatnwhile we wait.
People shouldnt be wedded to the large contracts as we have manpower, and the manpower has to be
doing "something" instead of just hanging around...probably not at the scale we need
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