IMO, the difference here between settlement and continued arbitration, is that there has been no conclusive proof or evidence that ANZ's behaviour was misleading and/or deceptive. It may well have been, but where is the smoking gun?? Nothing even remotely close to that has been uncovered. If there had been, ANZ would already have been advised by it's lawyers to reach a settlement.
Many of the former clinets of Opes Prime may say otherwise, but to date the evidence has been nothing more than conjecture & speculation...at the very best, it's nothing more than circumstantial...and that would be a stretching it...there's certainly nothing at this point that would stand up in court.
It's harsh to say...but I think there's more chance of the tooth fairy coming to the party.
NB: I do not hold ANZ shares.
IMO, the difference here between settlement and continued...
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