“The [individual applicants] retain beneficial and economic ownership of the lent stock, including full exposure to dividends and corporate actions, and exposure to market risk. The transaction can be reversed at any time.”
Extract from Page 5 of the FSG document (April 2005 version) signed by Opes Prime clients.


Monday, March 31, 2008

Welcome to the ANZ Hate Page

This page has come about due to the behaviour and operational protocols of one of Australia's biggest banks and it's relation to the collapse of Opes Prime Stockbroking which has left over 1,200 retail clients exposed to a 100% loss of their portfolios. Please check back often as this story unfolds.
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