The bank/s are ruthless and merciless in dealing with the opes issue. You would think that common decency would prevail and they would not simply dump shares on market, selling under normal value and possibly ruining the original shareholders. They are also putting a dampener on the market. I have sold my bank holdings because they cant be trusted as evidenced by the current credit squeeze and debt writedowns. I am considering topping up on BAR at these ridiculously low prices, unfortunately to the detriment of the Opes victims whose shares I will be buying.
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The bank/s are ruthless and merciless in dealing with the opes...
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