re: Ann: 2013 half year report announcement a... OZ has sought to comfort shareholders today with a 10 cent dividend per share, and chief financial officer Andrew Coles reassured investors that the balance sheet remained strong "and supports future growth of the company".
A completely misleading statement from a so called CFO as the balance sheet has been eroded year after year after year
.... then followed by.. below
Mr Coles indicated OZ may now take on debt to make its long promised acquisition, rather than purchase it with cash from the warchest....
LOL..after blowing all our friggin cash how many millions and millions do you intend to borrow.. Mr Coles
Read more: http://www.brisbanetimes.com.au/business/earnings-season/oz-does-it-tough-with-361m-loss-20130814-2rvnt.html#ixzz2buZjxgDE
re: Ann: 2013 half year report announcement a... OZ has sought...
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