Guys, I got burned here as well, bought at a little below $3. However, regarding the closure of Century, read again a post from Nursery: This is from accounting point of view, and pay attention on the last sentence.
A business can be cash flow positive yet be running below the real cost of production. The total costs will include items like depreciation which are a cost against the product but are not involved currently in cash flow. This factor alone allows many businesses to continue to operate even at a loss. The loss becomes greater when they cease to operate.
OZL Price at posting:
$5.50 Sentiment: None Disclosure: Held