opes. how many listed companies will now fail

  1. 699 Posts.
    The flow on effects of this whole Opes disaster is that many listed companies will now be forced to the wall.

    Opes has large holdings in a number of companies now, some were held by Opes as investment positions before the events of last week and now many company directors have had theirs taken. Many of these small companies will be decimated in price by the end of the selling, never to recover again. This will kill their ability to borrow, attract investors, cause board changes......

    Watch the flow-on heart ache unfold from this disaster that authorities still do not want to confront.
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