Who knows what the Directors will get, one for the courts? Just read an article(Gold Coast Bulletin) that says "Opes was a margin lender used by sophisticated investors who knew it would lend money against small stocks that weren't in the ASX 300 index says stockbroker Marcus Padley. Unlike other lenders - where a client owns legal and beneficial interest to the shares unless they fail to meet a margin call - opes prime claims to be the benificial and economic owner of the stock. If a typical margin lender goes into administration, clients recover their shares by paying out the loan. This has not been the case with Opes Prime"
One for the legal eagles, hope the directors don't get shafted.
SLA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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