LS29 i agree. OZL should not have got itself into this position. They should have been very diligent on the money spent from the 1.2B. They paid the 5c divi to show financial strength. Should have been more conservative and reduced capex over last few months, especially when commodity prices are coming down. I think AM should agree to be paid $1 annual salary next year, directors should show leadership as well.
OZL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held