OZL 0.00% $26.44 oz minerals limited

whats the rush

  1. 653 Posts.
    Hey guys,

    Im not sure what everyones hurry is to have it come out of suspension.

    First of all this situation makes real the buffet query "would you be happy holding if the stock market closed for 10 years". I might not like what has happened with the business, but at least i can now truly asses if i am trading with money i need or investing with money for the long term (thanfully its option B for me - for now).

    Secondly, there are allot of unhappy campers out there right now. I have little doubt that if the stock re-opened for trading today it would go lower, and to be honest, Im in no rush to have to consider the implications on my margin loan.

    Heck, if it were up to me (and the company is solvent) I'd leave it in suspension for another 12 months.
 
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