kpmg, page-9

as an investor is oxr/ozl for many years, it wasnt the near term loans etc that rattled me it was the letter 24th sept (from memory) stating all is well, we are better placed than most other companies , we have no need for funds, over 1 bill in the bank. Even though the shares had fallen from $3.30 to $1.80 after reading that letter i decided to hold on to my many shares, which ultimately cost me seven figure sum.

Once the shares were frozen, and the margin lenders wanted their money i had to source money , and like others realised it was not easy.

I got through, totally battlescared, nearly obliterated, but am fighting myway back.

So to me it was the false assurance that letter gave me, that made my decision to hold, and with PH about to commence as well (I waited 5 years for that) i held.

Now my investments comprise of ozl (a small part)bly, wds, aez, coq, pno aqd to name a few, and I will be able to once again (third time) retire in the next few years, if all double in price.