From what I gather most of these transactions are on behalf of clients using their share trading accounts, under Macquarie Bank Limited (MBL). MIML is Macquarie Investment Management Ltd. and it seems they are starting to transfer out any holdings in fully paid ordinary shares at $0 cost. Whether or not this means they consider the investment a full write-off remains to be seen, but it appears so. It could also just be client's who hold an account with MIML being transferred their shares and this is done at $0, because the associated debits/credit are recorded elsewhere.
From what I gather most of these transactions are on behalf of...
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$8.77 |
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