ANZ 0.62% $31.03 anz group holdings limited

opes and anzs' brand and reputation, page-115

  1. 6,716 Posts.
    "Back to the clients who still owe a combined $251 million. Algeri was at pains to point out that most of that amount - an estimated 90 per cent - was already owing when receivers were appointed in March this year. He says only a small number of clients shifted from being owed money by Opes to owing money to the company as the markets tanked."


    Algeri is being very spinny with the truth ! We all already know that a huge part of the debt is six clients, of which three are actually the same client. This amount is a huge part of the total AMOUNT.
    The NUMBER of clients affected by the shady settelement date change is not necessarily connected in any way to the AMOUNT of the shortfall.
 
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