3 Brokers downgraded, page-30

FSW - that is the million dollar question - I wonder if it is the same, how much is it going to cost us to do that ie bring forward franking - surely there is a price to pay for that like anything - if less than x, great we are winning, if more than x, then we are losing long term. My question is what is x? But as you say, the % ratios are interesting which is interesting... ratio going down, so you have to ask yourself why is that and will that continue....