Government backed deposits...in effect making it AAA
My thinking is with soooo many negatives ...the contrarian in me ..says it should be worthy of consideration
Re Opes ...the clients are easily identified and are biased
(For very valid reasons but biased nonetheless)...we understand roughly $400m has already been provisioned so i think opes has been factored in ..in the capital markets
It may get much worse from a press point of view ...but i don't know if that will have an affect on the share price ..i suspect it wont
google opes i think there are already plus 500 press articles or mentions
Government backed deposits...in effect making it AAAMy thinking...
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