What I struggle with is why the collateral lend from ANZ was so high, looks like it was close to 80% plus. Under standard share lending that is normal, but the QC for ANZ was saying our collateral was low on the clients side given the risks. Am I missing something, but should have ANZ given a much lower collateral lend to Opes Prime due to the increased risks???
So bottom line was that clients were given tops 50% and lower across the board and ANZ were giving 80% plus to Opes prime. I cannot see why the hole has now blown out by another $300 million?
shame anz shame, page-19
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Last
$29.34 |
Change
-0.360(1.21%) |
Mkt cap ! $88.28B | |||
| Open | High | Low | Value | Volume |
| $29.90 | $29.93 | $29.27 | $173.2M | 5.867M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9808 | $29.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.35 | 8667 | 2 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |