Ville and Mx I agree with you both for the most part.I think the...

Ville and Mx

I agree with you both for the most part.

I think the Share consolidation was an "okay decision but went too far. 1:5 or 1:3 was better I thought. The 1:10 consolidation took us out of "mums and dad" shareholders into the murkier waters of institutional investors. Did that hit share price? Probably not, but having less shares on market may have accentuated falls and rises.

I think the capital return was a mistake. The dividend return good.

Apart from these caveats I think overall, management/board has done well and kept to a plan.

Interestint that now maybe some takover targets may be firming in the sights, particularly mid term producers like PNA. Hate to say it for you MX but the more PNA falls the more attractive it gets, and if SFR ever got below $6.00!!!!

OZL will be here for the long term. I won't fuel takeover of OZL speculation as it share price drops because I don't think it will happen.

OZL way oversold in my opinion given its cash reserves, assets low risk and dividend (now franked) payouts.

Regards