ANZ 0.95% $30.95 anz group holdings limited

letters of demand sent to opes clinets, page-11

  1. 10,373 Posts.
    lightbulb Created with Sketch. 4
    Firstly the correspondence was sent by the Receiver appointed to Opes - not "letters of demand by ANZ's reciever".

    I would assume this action by the Receiver is the same as would take place in any such similar process - collect monies owing to the company and establish a pool of funds from which to pay the creditors (about whom you now refer).

    The actual amount paid to creditors of Opes will be $0.x in the $ they are owed, depending on what is available to distribute.
 
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