Many of the people who were clients of Opes were under the illusion that it was a normal broker and used it solely as anyone would use any other broker.
I for one was certainly aware that both Tricom and Opes were a little different - even got so far as to chat with Laurie Emini when he was at Tricom and fill out the application. But I never posted it thank Christ.
Not at any time did I know or suspect the existence of, or if I had know, the significance of the transfer of deed clauses.
The ASX must not be allowed to do a Pontious Pilate on this and just try to wash their hands and claim innocence.
They have been major benificiaries of the whole shorting shambles.
Every move they make is alays with a veiw to maximizing their own revenue - especially the turnover increases that shorting has caused.
Opes looked like a broker.
It appeared to be licenced by the ASX as a broker.
