Ann: Intention to demerge Coles - Briefing Presentation, page-77

@Gindaldan,

Like you, I have this morning bought shares in one of the major 4 big banks, (although not ANZ, but WBC).

This is the fist time in many years (probably 6 or 7 years) that I find shares of the Big 4 to be cheap enough to buy with any reasonable conviction.

(I'm hoping @crazypunter is negative on bank stocks, because a long thread of evidence has demonstrated that doing the exact opposite of what @crazypunter - one time a proud Telstra shareholder - is advocating, results in a profitable outcome.)