opportunity, page-16

No Spicer, not sure what article you are talking about but sounds similar to an announcement by IMA this morning. The announcement stated what the director thought they could do, ie payback the loan and retain the shares but the reality is far different.

If the loan is paid back ANZ will still not release the shares and they will still be sound to fill the gaps in Opes Prime finances. The borrowers who put up the security will be ranked as unsecured creditors to share in whatever is left over at the end of the day and probably take years to get that.

von.