Why was there such a delay in the Martabe project when its sale was imminent several months ago? Why did it go from one rogue bank to ALL banks wanting their money, to now again just one or two needing it? The smallest lender was the main protaganist - what was the amount and why wouldn't the others fill the void? Did Owen Hegarty really have a margin call? How far in advance did they know there was trouble considering the share price collapsed from mid $3's to $0.55 before the trading halt? At what point did MM offer AM the position in the new company? Will someone please write a book on this? AM apparently picked up a Rhode Scholarship. I am concerned that perhaps at his interview he was misunderstood and it was actually that he picked a scholarship up off the ROAD.
OZL Price at posting:
83.5¢ Sentiment: Buy Disclosure: Held