At the centre of the dispute is a parcel of 32 million shares Melewar holds in Perth-based iron ore producer Gindalbie,
Melewar's parcel of shares were held across Opes Prime's financiers - ANZ, Merrill Lynch and Dresdner - with ANZ holding 8.5 million of the shares. ------------------
ANZ hold 8.5 million shares! As it appears not 32 million. So if Melewar do end up winning against ANZ I wonder what position it puts the other financiers in if they "have" already sold Melewar's shares? The numbers stack up that they have been sold......
GBG Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
