Dj it wasn't long after OZL announced this crazy 1 for 10 that...

Dj it wasn't long after OZL announced this crazy 1 for 10 that PNA come out and said they were going to do a 1 for 5.

I posted that the OZL board and management needed to take a serious look at the way the PNA hierachy had eased their shareholders into this form of restructuring.

As it was PNA had a lot of shares on issue and didn't frighten the market the way that OZL did.

My only hope is that we keep paying the same or better dividend and not start squirelling our profits away under the pretext of building up the kitty for the big spend needed on Carrapateena.