They just got too cheap, i have been watching them for many years in the many guises they have had. :)
Entry was at $7.80.im in this for the long term and will look to accumulate if they give the right signals, i like the fact they have all that cash and that there are a heap of cheap assets out there. i think it is prudent of them to hold off making any acquisitions. There are probably a few distressed coys out there that they have their eye on, it's all a waiting game in this environment and they have time on their side.
OZL Price at posting:
$7.86 Sentiment: Buy Disclosure: Held