Let's hope so Rebel.Interesting fact about stocks like OZL and...

Let's hope so Rebel.

Interesting fact about stocks like OZL and PNA and many others being smacked round so soundly is the high personal gearing of it's shareholders.

As an example PNA is full of highly geared shareholders who have been smacked with personal margin calls and obviously down spirals the price.

The same with OZL, it's a well known fact that a huge amount of selling has been due to forced selling due to personal over gearing. We have far higher personal shareholder gearing in OZL than say a conservative NAB /WBC etc. Simple fact.

Having said that, let's hope with a modest amount of stabilty going forward and hopefully some shareprice improvement this will in fact have the positive effect of stabilizing the personal gearing of our shareholders which will obviously run on to a major stabilizing and then growth of the share price itself.