If companies like Fastbrick Robotics get funded, then I know it's going to crack... this reminds me of "Der Neue Markt", a bubble that popped on trash. IAG is the only Aussie company I am still holding. If you calculate, all Aussie Banks are paying more dividend than their profits should allow them to. This thing is going for the drain, and I will be ridding myself of IAG as soon as I see fit.
https://www.iag.com.au/
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Not even holding IAG now LD.
Yes I am concerned about Aussie Banks too.
SK
http://financials.morningstar.com/ratios/r.html?t=CBA®ion=AUS&culture=en_US
Look at that... Earnings per Share, Cashflow and Book Value development...
The only reason I am still holding IAG is because I am ultra-long BRK.