this the same Macquarie giving lithium advice?, page-4

Yeah, I was investing in Macquarie products some years ago (non recourse loans with manged funds you got to choose etc etc) and learned the hard way that when you deal with them, they are the ones that are always guaranteed to make money out of the deal.

In my case some of the managed funds went down in value and triggered a sale into cash, as per the investment plan, but they sold into Macquarie cash at a quarter of the going market rate, so they got my cash for their use really cheap, and I was locked into paying for it.

In the good times the customer and the Mbank win, in the bad times Mbank wins at the cost of the customer - they always stack the fine print in their favour and even going through it with a fine tooth comb beforehand it is hard to find all their outs.

Simple lesson learned, as a small/private investor, just avoid them as no good will come of it, IMO.