ANZ 0.30% $30.32 anz group holdings limited

opes payout a bribe, page-26

  1. 8 Posts.
    Interest and damages?

    The reality is that most of us if allowed to still trade would have been margin called into the middle of next week with falling share prices particularly in the small cap space.

    If you cut the emotion out of this, common sense will dictate that only a handful of people would have more money now if opes hadnt have gone bust rather than if allowed to trade.

    The argument for damages is to compensate someone for the position they would have otherwise been in if an event hadnt happened.

    Based on that 40 per cent is really not THAT bad.
 
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