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re Macq, they do things for their own...

  1. curiouser27
    5,440 Posts.
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    11/01/19
    08:16
    Post #: 37087360

    re Macq, they do things for their own reason...

    disallowed/business/markets/macquarie-advisers-ploughed-clients-into-worthless-brazilian-mine-20170619-gwu2m0.html



    Macquarie bank faces class action over advice on worthless Brazilian mine project

    The investment bank's brokers are accused of deliberately "ramping" stock in Cleveland Mining Group by playing a key role in the acquisition of a Brazilian iron-ore mine project with a potential value of $34 billion that turned out to be a worthless patch of jungle.



    AJM Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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