Drillrig,
Hope its not another Pasminco fate. Imagine all the holders that will be torced
But agree that this is disgraceful
Seems that Hegarty got out at a very good timing indeed if OZL goes down. You can also say that the sellers that hammered OZL from over $1.25 to under 50cents at one stage seemed to know what they are doing
Even if they get an extension how would they look in the next 6 months if commodities do not rebound