michelmore on inside business this sun., page-8

Lets not forget that the 55c price that the "great deal" is referenced with is not fair value. It was the price where fear, uncertainty and doubt existed due to the way OZL handled things. It was artifical.
I wonder what the price would have been if lets say the debt was being refinanced and the market just needed to price in the profitability of OZL along side its asset backing ?
So if this was $1 say, then the deal would have been $1.50 ?

In other words the 82.5c is a price because OZL could not refinance and the chinese are getting bargin basement pricing.