OCV octaviar limited

As an ex MFS shareholder...I am still interested in the amazing...

  1. 4,293 Posts.
    As an ex MFS shareholder...
    I am still interested in the amazing sharetrading event Jan 2008...
    margin loans..halt to trade...brokers...banks ...shorts...
    unfullfilled trades? ...etc.
    and I wonder if any other 'disasters'players were suffering, sitting there holding MFS which had fallen from $4+ down to $1 in a few hours.... and having to wait months for some word on the outcome/workout/value.

    What if the likes of Storm held some?
    Pretty difficult to alert investors re margin calls if so...hours to drop below margins/pool margins? and months to decide what to do...

    I think Opes held some MFS because ANZ gave ASX ANNS..maybe of a subtantial holding? certainly couldnt trade them...if I remember correctly.
    Correct my thinking if its wrong because i am not an expert.


    Here's OPES article...


    http://www.smh.com.au/business/id-been-trying-to-keep-opes-going-founder-says-20130813-2rsyj.html

 
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