Hello,
This isn't news directly relating to SDL as such, but I just thought you would like to know that Macquarie Bank has reassessed Sundance Resources Ltd's risk in regards to their latest Margin Loan Rate Review, as of October 8th 2009.
Macquarie Bank's margin loan arm, 'Macquarie Prime', has required 85% of a loan as collateral. After this review and risk assessment, the new rate has been reduced to 45%.
Some may say this kind of post is an example of clutching at straws. I for one hold a neutral view.
FYI - Prior to the GFC, Macquarie Prime had SDL's margin loan collatera rate a 25%.
talktome
PS. Any poster requiring an explanation for the acronyms GFC, FYI or SDL will be thumbed down immediately.
Hello,This isn't news directly relating to SDL as such, but I...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)