CQT
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0.00% 51.5¢ conquest mining limited

late announcement out, page-12

  1. steven1234
    1,038 Posts.
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    26/04/08
    02:38
    Post #: 3629486
    News of ANZ handing back Opes realated shares in Water Wheel Holdings to Freemont. Could be a sign of things to come.

    http://www.theaustralian.news.com.au/story/0,25197,23599582-20142,00.html

    Quote from article:

    "However, sources close to the deal cautioned that Freemont's situation was exceptional, and was not expected to create a precedent for the other 1200 Opes Prime clients to lose shares to the stockbroker's only secured creditors, ANZ and Merrill Lynch."
    CQT Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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