Milessgi didnt raise the point innitially to asses anyones tax...

Milessg

i didnt raise the point innitially to asses anyones tax position

i raised it because 1200 investors and their advisors and opes and anz ...havent got a clue

this document the AMSLA is for short term lending on a 1 on 1 basis for cheaper finance..and used by institutions between each other

it was retailed by ANZ/OPES/TRICOM

ANZ knew it was being retailed because when you started an account with ANZ you lodged your shares with them directly


It is argueably the least appropriate method imaginable to take funds to market

See my previous posts..

My theory is that ANZ just didnt get the legal implications which why they didnt attend to substantial shareholder notices etc

This accident..allowed the scheme to get oxygen..the rest is in the newspapers

However you cant undo what has been done..

If you a Opes client..and or are genuinely interested hit my nic..i have written a couple of half decent interpretations of things as they stand