MIG a.c.n. 059 457 279 limited
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MacQuarie Margin Lending

  1. gimmegimme
    2,092 Posts.
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    11/10/16
    18:41
    Post #: 19782209
    A quick check today of the Macquarie Prime list of approved securities reveals that they no longer accept MIG as collateral security.

    The last time I checked on 18 May 2016 Macquarie were prepared to lend up to 30% of the value of MIG shares.

    Although the period in suspension did not help, the recent sell off was probably attributable in part to calls on open position at the time MIG came off the approved list.

    https://www.macquarie.com.au/emgonline/portal/web/guest/marginrates
    MIG Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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