Hi hawkduka, ANZ's LVR was much higher than other margin lenders...

Hi hawkduka,

ANZ's LVR was much higher than other margin lenders i.e. comsec, BT/Westpac etc.

I imagine what has happened ANZ has seen an increase of positions in Arrium.

It almost certainly has nothing to do with a financial analysis of Arrium.

It could have just been a case of someone doing a comparison report and realising they had a much higher LVR for Arrium than anyone else. So they reduced it to match the market.

I definitely do not read anything into it.