FMy irst review of the quarterly is ......its absolutely fantastic news.
Whilst I feel for the loss of jobs, which is always sad, Finally this management team is getting it right.And Fast. And hard decisions I never thought possible are being made.
PH is complete, the restructuring is deeper and wider than the market would have envisaged and very appropriate and it could be said rightly OZL is now ahead of the game, globally.
Even the harshest critics of OZL and shorts would be 100% suprised at what OZL has achieved in 8 weeks.
Financial Distress has caused a FULL restructure and its hard to fault other than perhaps Century. Will review this weekend but what i see this morning is excellent.
Well done OZL...(cant believe I just said that).
Refi gets done.
credit where credit is due ozl - 10/10
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