the most diasappointing thing about this saga is the company continues to hide information from shareholders. The shares are suspended, cant be traded, why do they need to hide stuff. OZL should be open and transparent with there dealings with the banks. We should know which bank is playing hard ball, then we as consumers can avoid doing business with them too.
OZL has plenty of assets to cover loans, just not making money at the moment. As soon as the banks smell this, they go in for blood. Penalty fees, up the interest rates charged, etc. Feel sorry for shareholders, you are hostage to greedy banks.
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held