ANZ 0.69% $29.99 anz group holdings limited

abn, page-46

  1. 5,703 Posts.
    lightbulb Created with Sketch. 316
    "Client 2 - shares worth $1.5m loan of $0.5m - net off value (nett position minus debt = $1m - $0.5m) $0.5m so gets 70 cents in the dollar on that..ie half of client 1"

    That can't be right, that's classic double counting (but I wouldn't put that past ANZ). Maybe Remote can check this out for us?
 
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