I suspect that an opportunist is fanning the flames of fear by...

I suspect that an opportunist is fanning the flames of fear by plunge selling and then is scooping them up for cheap. Some punters are getting nervous about seeing the revenue stream.

Even if the revenue is a quarter of what is projected the MC is OK atm. I would be surprised if the next ann about BCT and insurance deals didn't set the SP alight.

If it doesn't we will be waiting until we see cold hard cash later in the year. By then there will need to be a massive rerate imo.