Game over. ASIC moves to restrict aggressive selling - likely...

Game over. ASIC moves to restrict aggressive selling - likely that that guidance / regulation will include outbound call centres and severely curtail operations like that.

That is the business model here - target is high attrition rates of insurance - I'm not sure it's the right way to get more people insured as is needed but I'm not going to watch this share price keep grinding lower as the Royal Commission and these new regs are announced and start to bite.

Out.