Aurelious, i watched the trading closely following the announcement.
Point 4 clearly sums up the trading.
ANZ HAVE taken control of the shares as they were the SECURITY behind the margin loans.
ANZ's interest is to: recover the debt owed to them. That and NOTHING else.
The 200 bods to a higher lovel followed by continues large dumps suggest ANZ have begun selling THEIR collateral to recover the loaned amount.
Holders here are VERY unfortunate.
Director (and ex-director) run a brokerage service that has exploaded.
Very unfortunate.
phillip thomas explains all, page-43
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