I mentioned a while ago about my discussions with the future fund, re helping OZl with the refinanceing.
The future fund could have had an equity stake in ozl at a strike price of say 80c. (the shares were 60c at the time)
The assets would not have been sold to the chinese , based on the value of ozl shares now the future fund would have made at least 20% on their investment, and Im sure the price of OZL would be a lot higher than the current price because we would still own all the asstes, zinc would be making a huge amount now etc.
The future fund managers cant see any further than their own oay packets and have destroyed the potential of a good company.
Those of us long term holders have been really short changed and the chinese are clapping their hands with excitement
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