"It is based on my expectations that a deal with the ANZ seems to have become a bit more likely, and that this would be a considerable driver for higher earnings. (And that the bad news is factored in I suspect)."
Understood.
When you say the ANZ deal "seems to have become a bit more likely", that reads to me like, in probability terms, it has gone from 20%to 30%. Or is my interpretation wrong?
Ann: Update on the ANZ P&I business transaction, page-13
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