PRE pacrim energy limited

my broker told me opes had been a big net sel , page-8

  1. 4,699 Posts.
    I guess someone must have bought PRE through opes.....

    "For the record, ANZ is owed $650 million and Merrill Lynch is owed about $400 million. Both say they are fully covered by security (shares), of which they have already taken possession and are already selling into the market"

    "For example, I heard of a real case this morning of an investor who bought $1 million worth shares through Opes, of which $250,000 was borrowed. The entire $1 million has now been lost and the investor becomes an unsecured creditor of Opes Prime"
 
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