ANZ 1.17% $28.82 anz group holdings limited

asic anz and opes, page-12

  1. 490 Posts.
    Just changing the subject slightly, I am not sure that we can vote on anything concrete in May because the proofs of debt will have to be completed to determine the size of the pool.

    If the court approves the scheme then we vote on the scheme, not a dollar amount.

    FH need to be clear what damages will be allowed by which clients and give an indicative pool size.

    I suppose they could say that the maximum pool size is $640m, therefore the minimum return is 37c, and any more is a bonus.

    They also need to be clear on what they mean by an "installment". Surely the first of these must be the whole value of the bank offer, and following that we all just get 0.5% of a Maserati or whaever if and when they turn up.
 
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