Let us see if REY can make something of the block. They will not need to do much to do better at it than OBL (who litigated it into nothingness).
I hear what you say about that being the old management. With new management there needs to be a demonstration they are competent and capable of running a company. 'Exciting plans' are not enough. I could come up with an exciting plan for a whole number of things but a well thought out strategy to maximise shareholder value is a completely different thing.
I rate OBL as a particularly ugly duckling. I would love to have an exciting plan to make it turn into a swan but I have a feeling there will be no fairytale ending.
I wish you the best of luck with this one. Sure as hell there a so many others who haven't had any with it.
And final, for the record, I don't agree that Drover's comments are drivel and urge you to be more respectful in the future.
OBL Price at posting:
0.3¢ Sentiment: None Disclosure: Held
