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Discussion in 'General Investing Discussion' started by Redwing, 18th Jul, 2008.

  1. Redwing

    Redwing Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    476
    Location:
    PERTH..WA
    First SMS from our ML

    If you've never had one here it goes..

    "Dear Investor, please be advised that your Suncorp Margin Loan is in Margin Call by $X as at 08: 30 am today, 18th JULY 2008, we ask that you rectify your position and contact us prior to 2PM (EST) Monday 21st JULY 2008to avoid forced sale of your stock, please call 1800LUVURFUND (or similar) for further information"


    We used the opportunity to pick up some more NAVRA funds at a discount
     
  2. MrDarcy

    MrDarcy Well-Known Member

    Joined:
    13th Sep, 2005
    Posts:
    283
    Location:
    Sydney
    Got the same today. Thought it was about time as I hade been near 10% over LVR for months. They said, that the MC was yesterday, I was back in buffer today so it's OK ! I think not, but got a some more time to plan.