ANZ 1.01% $30.44 anz group holdings limited

ceasing all dealings with anz, page-19

  1. 2,944 Posts.
    If they truly want to look after the interest of the shareholders, they would have ask all the Opes clients who are not in the red to pay up the margin thus completely de-risking smashing the small caps and consequently getting very little for the small cap. They should also have margin called the 6 favoured clients. This orderly process together with the 400million face value that the administrator found would likely make up for any shortfall.ANZ and Merrils would then have "jack" to write down(read no debt provision required.) They don't even have to pay the QC and SC legal fees and also not suffer a reputational damage. What a bunch of..... running ANZ! My nephew dfoing high school economics would probably have done a better jobs.
 
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