Moondog
Your sentence.".signing over shares as collateral" IS EXACTLY OUR POINT ..
Collateral lodged with ANZ as CUSTODIAN
When you pay off a LOAN you get your Collateral Back
What's interesting is after all this debate ...you dont get the differance Between a AMSLA and a Margin loan
OPES clients believed they entered a margin loan
It is this confusion that allowed the business to get to $1.3bn in debt over $1.7bn in assets (pre client a aka Norm)
Are you sure you dont work for the risk assesment department of
ANZ INSITUTIONAL BANK (Leverage Equity Division) ?
duty of care, page-37
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