Dasa, CSL is another company that has trodden water for an extended time.
I suppose I am pointing out that OZL is not alone. What I do find interesting is that the level of frustration on the OZL thread is much greater than on the BSL or CSL thread.
Also, the sp is a function of the NPV with the current data (and with a lot of people selling who have been "burnt" and want to move their money elsewhere (but that is no different to BSL for instance)).
I have commented on BSL on that thread.
There might be a 1 or 2c movement if the chairman left, but OZL would not suddenly become a $2 stock.
I would add 4) lack of growth pipeline.
HT1
OZL Price at posting:
$11.50 Sentiment: Hold Disclosure: Held