Hi Alex, Change of direction (read meaningful aquisition) and or change of management required. The market's no longer buying the current course of direction. I don't believe the lower it gets the more attractive for take-over either. The majors had the best opportunity to by OZ as a distressed asset 4 years ago and they didn't put their hand up then..
If they continue on the same course there will be more of the same imo.
cheers, nil
OZL Price at posting:
$6.86 Sentiment: None Disclosure: Not Held