I think you will find that yesterday Macquarie Prime issued all rate changes that come into affect as of next Wednesday, and NKP is going from 85% to 100%.
They use to give you 24hours notice and only changed that proceedure 2 years ago when I complained to the head of their business that their change resulted in me having to find well over $100K or face margin call or sell down my position due to a change they were making on their security lending rate...with only 24hours notice.
Hence now why they give you 1 week notice.
Kiril
I hold.
NKP Price at posting:
7.3¢ Sentiment: None Disclosure: Held