IOF investa office fund

destruction of wealth by share lending rules

  1. 2,343 Posts.
    it is incredible that one fund can dump milions of shares on loan and destroy the life savings of many retiree's. absolute farce these funds and the damage they do. there is no doubt that hedge funds are shorting the hell out of reits bringing out all the margin calls and more forced selling. what a joke asic for allowing this to happen in this current enviroment where fear rules. gpt , dxs , iof , iif etc trading at about 50% discount to assett backing. good luck to all those holding and shame on asic for allowing the same crooks to rob people of their cash

    cheers
 
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