what i will be claiming against anz re opes, page-49

A486,

rather than speculate lets wait until next week, when more facts will be at hand.

I only have a view, which could be incorrect, that the litigation groups, who are going after ANZ, will be forced to include opes in their statement of claim, because it could be alleged that there was M&D conduct by Opes, under full knowledge of the financiers, being ANZ.

Therefore, if there is such action in train against opes, the liquidator may be unable to settle with creditors, until the litigation claims have been through the court processes.

So the bottom line, in my view, is to be with one of the litigation groups, who could provide a better chance of getting something out of this mess.

However, until things are clearer, and this could take some time, I do not think anyone knows the nature of the final outcome.