I love it when posters come armed with hindsight and criticize the crap out of someone. It adds nothing of value to the debate.
I think OZL are doing the right thing by holding the cash.
They need to get the right asset, it does not matter how long they wait. This cash fireproofs OZL and makes me feel a lot more comfortable knowing that he is not itching to blow it just to satisfy impatient people.
OZL Price at posting:
$7.17 Sentiment: None Disclosure: Held