noomx,
Yes...misleading and deceptive plus lack of warnings and disclosures...and complicit by its actions...and its unfair security
The following link should bring you up to speed:
http://www.businessspectator.com.au/bs.nsf/Article/Web-of-deceit-ETTKL
“Equity financing at Opes Prime works somewhat like a margin loan. Under an equity financing arrangement an investor lends listed equities against cash, with the listed equities used as collateral. The cash may then be reinvested by the investor to leverage exposure to the market. The investor retains beneficial and economic ownership of the lent stock, including full exposure to dividends and corporate actions, as well as to market risk. The transaction may be reversed at any time.”
By the way, hope you have a stop loss on that paper at $19.50
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noomx,Yes...misleading and deceptive plus lack of warnings and...
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Mkt cap ! $94.73B |
Open | High | Low | Value | Volume |
$31.80 | $31.93 | $31.76 | $20.78M | 652.7K |
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2 | 1234 | $31.89 |
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Price($) | Vol. | No. |
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8 | 1484 | 31.850 |
6 | 1529 | 31.840 |
8 | 3223 | 31.830 |
6 | 1715 | 31.820 |
7 | 5065 | 31.810 |
Price($) | Vol. | No. |
---|---|---|
31.860 | 210 | 3 |
31.870 | 2899 | 11 |
31.880 | 2093 | 9 |
31.890 | 5056 | 11 |
31.900 | 19339 | 15 |
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