totally agree that instos and funds will take the current offer, if their is nothing else on the table, If (and its a huge if) we were able to get the bank loans refinanced by an entity that was prepared to support OZ and Aust, we would need 25.1% of shares voted to stop this TO going ahead, OZ wouldnt go into admin, and would trade with that threat off its shoulders, some of super/union funds would prefer this outcome IMO.
I do sympathise with yours and a lot of other holders who, have bought in at much higher prices, or/and those who have held for many years and seen their gains disapear, and who are desperate for an out, but I do not agree that this current offer is in the best interests of all shareholder...I reckon it sucks
cheers grant
OZL Price at posting:
$6.50 Sentiment: Hold Disclosure: Held
