Settle down fellas. Take your 82.5c if it comes and be thankful for walking away with something. The banks only came to the party today because of the MM offer on the table. As Michelmore said this week, if it wasn't for this offer OZ would almost certainly go into receivership. No point bitterly cussing over what might have been. I'm very diasappointed (and poorer) too. We all saw the potential of this company but it got hit by the perfect storm of credit crunch and plummeting resource prices. Even Michelmore detractors must acknowledge this. Maybe management could have been more nimble.
OZL Price at posting:
$6.30 Sentiment: ST Sell Disclosure: Held