What an amazing post. If OZL had made a play in the last few months for another company they would now be damned for paying too much. I for one think they need to hold on to that cash, who knows what's around the corner.
I see holding on too all that cash as a very astute move by TB, people have been slamming him for not spending it for a few years, he could have spent it two years ago on a takeover, how smart would that have looked now?? keep up the good work TB and preserve that cash in this very uncertain environment.
Thank God James Bond isn't steering this ship.
OZL Price at posting:
$3.95 Sentiment: None Disclosure: Held
