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.