Obdurate-I am in a similar position to you with regards to blue...

Obdurate-

I am in a similar position to you with regards to blue

chip shares. I cant remember the last time i visited the

TLS, WES or NCM sites for discussion. Those companies seem

to look after themselves but the OZL thread is the one i

visit most because it is the one company that has burnt me

the most.

I log in everyday in the forlorn hope that something

fantastic has happened that will turn this once promising

company around.

But it never comes.

And before someone says "Why don't you just sell".

I can't - unless i am prepared to take a huge hit.

What we all have to remember is that because of the crazy

consolidation our shares are only really worth 0.68c.

I used to get a reasonable dividend off OZL- not anymore.

So i turn up every day hoping and complaining (as is my

right as a shareholder) and now some people are saying

"lets just use the M&A kitty to fund Carrapateena"

NO LETS NOT DO THAT !!!!. Lets use it wisely to get us out

this crazy unnecessary "War and Peace" situation that we

find ourselves in and that is depressing us all.