Well it is a portion of the 14.5% of GBG......? is what portion - but is potentially quite substantial.
To remind ourselves:
http://biz.thestar.com.my/news/story.asp?file=/2007/9/6/business/18794675&sec=business
The crazy thing is if you read The Australian article I posted then the share lending was only being done for something like $33.
http://www.theaustralian.news.com.au/story/0,25197,23456730-20142,00.html
Questions are:
1. Who were the GBG shares lent to recently? (again refer to the article as it states - "Stock lenders usually don't even know the identity of the borrowers, let alone know what their credit rating might be -- if they had one, which they don't.")
2. What is the % of shares?
3. What will happen to Melewar's % of shares financed through Opes?
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