Sorry JK
ANZ and Opes had a multimillion dollar business
Opes as a Retailer of ANZ wholesale funding said in writing We would have a margin loan
There website and Brochure we got said we hold beneficial title ..ANZ were on the Documents somewhere as Custodians and Bankers
ANZ and Opes Negotiated a multimillion dollar Arangement they did not disclose anywhere i can find anything to the contrary
It is appropriate i think to trust the written word
i will make it clear if you dont understand
You lodge your shares to ANZ Custodian as Collateral for a Loan against those shares
You retain Beneficial Title ..and the transaction can be reversed at any time
You pay Opes interest who no doubt pays ANZ interest
JK you seem a bit daft ..which part of this dont you understand
ANZ are supporting it ..as you lodge your shares with them
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