He mentioned that you have to prove a loss was incurred.
I asked Simon what happens if the claim goes through and you have a loss but you still own your shares and two years down the track it doubles in price.
So if the claim proceeds and at the time you can prove a loss and then the share price increases to above what you purchased them for then your in the best of both worlds you get the loss and the benefit of increases in the share price.
Simon said yes good point. As soon as he said that I told him the whole thing reeks and I wouldn't participate.
OZL Price at posting:
$13.00 Sentiment: Buy Disclosure: Held