Voting is prohibited in 3.3 opes amsla
will be exercisable by the persons in whose name they are registered
So ANZ has no relationship with clients ?
What about a complex corporate vote ..say 10 resolutions
There may have been 5 to 10 differant combinations from the clients
How did ANZ cast say 50 differant votes and say the 10 combinations pursuant to the client instructions
IT IS JUST A COMPLETE NONSENSE
To say it didnt know clients were involved
Sorry audience the ant digressed
Just been reading a Opes Power point to a broker
IT says we Cant do SPPs and DRPs due to our Custodial Arrangements
DO WE HAVE ANY ACTUAL EVIDENCE OF THESE ?
I know we touched on them..and i think contributors have said they have been done..but for the sake of clarity can we go over these 2 specifically again
Given they are specifically precluded they could have heightened importance
From the power point
Equity finance
"works just like a margin loan only more flexible
The owner maintains economic and beneficial ownership"
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