I think many here are forgetting the murderous way in which the group of banks who had balls of OZL firmly in their hands treated the company. As for the shareholders they didnt give us a seconds thought.
From memory RBS were the ones who led the shareholder bloodbath.
What about Michelmore and the rest of the Board who recommended to flog the whole company for 80 cents a share. What medication were these drones on ?
Take a look where Michelmore is now working and bowing to the wishes of his new Chinese masters and earning millions. He has the habit of landing firmly on his feet.
A tragic period best learnt from in many ways.
OZL Price at posting:
$16.55 Sentiment: None Disclosure: Not Held
