opes a really nasty scenario, page-5

well no it doesnt. Just goes to show the advantage of short selling(!)(??) I guess the liquidator of Opes just demands from the stock-borrowing hedge funds that they have to return the borrowed stock. This could be beneficial to the share price of some stocks if they have to immediately buy on market to return the shares to Opes. But they wont have anything tied up for year and they wont lose any money.

In fact ( and this is the very nasty scenario I was refering to ), those short-sellers may have been able to buy cheaply the very same stocks that ANZ was allegedly dumping from Opes' portfolios on Friday, thus making the short sale a very profitable one for those short sellers, and a profit that they wont lose and won't be tied up .

Once ANZ gets the borrowed stock returned to it, then it can go ahead and dump those too......