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7,163 Posts.
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19/09/10
12:17
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Domum ,did you know that Macquarie prime took away margin lending from CCC last week ? All the while they wewr given a placement .
This also forced people on tight margins to sell down on top of the normal sophie selldown .
Now this looks like a conflict of interest to me .
Not only that ,they did the same thing with NKP when it had a capital raising .
Probably just coincidence ,eh :)
Anyway I converted some of my shares to options ,and actually increased my holding ,but I still think it is bad form .
Why would yo take margin lending from a stock that was in the throes of jumping from a spec stock to a full blown midcap overnight ?
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