I bought 2 days before the TH. (55c) A regrettable 'brainwave', at the time. Leading to months of wasted thinking, reading, money tied up, stuck in them. I missed the fact they had even resumed trading today, until I did one of my rare "better go check OZL for some useless reason", most days I don't even check them(!), and surprisingly they were 69c (down from 73c) by then already. I did some quick reading to find out what had happened.... sounds like a 50-50 gamble to me (or probably 70% upside chance, of that getting 10c more approx?), with a LOT of downside if the losing path comes. So I sold the lot (69c), and good riddance to them I say!
My first small (medium?) cap trade in a long long time... and the last! lol Back to the large caps for me! (leverage to better use via margin etc)
I wish anyone that needs more from OZL good luck! A lot of supportive believers have been given a bad deal by the companies 'pilots' poor skills! I think a lot of people are taking this opening 'bonus rise' as a safe place to get out with at least more than looked likely! And staying in means just more time under stress and hope. I was in a fairly 'easy' position and I couldn't even bear going through more of it!
Best wishes to all !
OZL Price at posting:
64.5¢ Sentiment: Sell Disclosure: Not Held
