szaba, the AFR agrees with you re reduced dividend as a sign of M&A activity- see post 8424275.
Perhaps the market is shredding OZL as a prelude to OZL being a suitor. UML said it was making a purchase of another company, and the market smashed it, even though there was, and isn't, anything on the table for UML. The market can be tough on suitors.
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what a disappointment!!!, page-26
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