"For example, I heard of a real case this morning of an investor who bought $1 million worth shares through Opes, of which $250,000 was borrowed. The entire $1 million has now been lost and the investor becomes an unsecured creditor of Opes Prime.
So that person will lose $750,000 in assets simply through the mistake of using Opes Prime as broker and lender for a third of that amount. That story will be repeated many times over."
Scary stuff.
Gonna have to start reading the small print.
opes prime, page-30
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Last
$66.23 |
Change
0.920(1.41%) |
Mkt cap ! $12.84B | |||
| Open | High | Low | Value | Volume |
| $66.17 | $66.32 | $65.43 | $18.77M | 284.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $66.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $66.23 | 99 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| ASX (ASX) Chart |