"The conclusion one could draw is that Opes was sacrificed to keep Tricom alive...Chimaera was also given a lifeline by ANZ...but for whatever reason the bank decided to bury Opes...it could have been Minters advice to ANZ to go down this route"
Quite simple, they saw the size of the hole and with suggestions of fraud they panicked and put Opes clients to the sword, after concocting a story the had ownership and exemptions to back them up. What they didn't bank on (pardon the pun) is that we would come from all corners, including the media and even the regulators.
ANZ Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
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