guys we know that the Opes Prime conduct was misleading and deceptive and will be a sinch to prove that given their material and oral statements clearly outlined that the client retained beneficial and economic ownership which is a real no no in share lending, you just don't retain it.
We need to show that the financiers were aware of that fact to be on notice. ANZ will be the main target given the close relationship of the guys. ANZ has in its actions showed that is the case with some of its actions, but hopefully there will be a smoking gun that sinks ANZ and links that belief of beneficial ownership or they were also engaging in misleading and deceptive statements. Only speculation, but now that has to be proved and needs evidence.
opes prime
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