Public company standard to be implemented by the IRD and administered as a reserve in the balance sheet to be handled like ICA account by the IRD and reconciled in the year after the pandemic ends. Because the Minister of finance and the entire cabinet would hardly know a debit from a credit im afraid this will go on and on. No standard to be administered for public companies by the IRD means a farce.
More VIX mean this things goes back to being a trade for us as the COM Props drop out and banks come back to focus. Already missed big profits on our bank positions but it best to wait before opening fire again on the banks.
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