Don't need to know the peripheral details of the company. OZL cannot honor their debts. They clearly have cash flow problems resulting from falling commodity prices. Like it or lump it those are the facts!
We are in the middle of the biggest global financial crisis since the great depression. Markets are spooked. The fall of BNB, CNP an ABC are ringing between their ears. OZL's cash flow isn't going to magically change overnight. 30 cents isn't out of the question! Lower isn't out of the question!
"FTR Grahod If you wait till PH is open the share price will be $2.00. It sure wont be 55c"
....and what if there is major technical problems with PH? If there is I'll assure you 55cents will look very dear!
....and before people start ranting and raving I'm not saying there is any evidence there will be major tech problems with PH. Just being hypothetical!
"Guru" your clearly emotionally attached to this one. Emotions and investing is a dangerous mix mate!
predictions tuesday?, page-51
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