One must remember though that they still appear to be operating as if business as usual.
It's clear that they will be making some significant announcements in the next few weeks.
My take on it is that they will be more positive than negative otherwise they would have already been in administration.
I doubt whether they will be letting the majority of there assets go (particularly prominant hill). If a rogue bank was to force their hand then the rogue bank would do its business prospects little good.
Nicklemore mentioned that the banks realise that it is in everybodies best interests that they work through the difficulties and provide a solution to the benefit of all.
OZL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
