guru's early read, page-11

Caylus,

Accurate, succinct summary of the year that was for OZL under AM's reign.

IMO the company had a great future - but ONLY under COMPETENT management. Logic dictates that in these historically shakey financial times, extension of debt would (should?)only be granted to those in whom one can have confidence. SG's observation about this was spot on IMO and it does seem the case that the bankers have little confidence in his judgement and decisions. Consequently they now effectively calling all the shots and keeping Michelmore and Cusack company in their new membership to the "no idea" club.

I have friends and family who bought into OZL and understand the stress the suspension and mismanagement has wreaked.

Really feel for those who have invested in the promise of this stock - you all deserve better.


*This is opinion only, DYOR