What's the fuss
I am a long term holder and see a few questions. Some time ago the board said they had a large amount of cash and were in a good position to take advantage of the downturn. That is quite a bit different to their present statement. This to me means I can't trust announcements from the company and puts them in a group similar to others that have mislead the public.
Positives are on debt they owe about 25% of book value. This is in the conservative end of the scale.
MS have have taken an investment in OZL.
Sooner or later CU will improve in price and if PH is what they say it is then they are on a winner.
Not an easy decision. When you look @ value in say WPL BHP
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