Re: omc cobra stern dive help
First off, you are looking at where the drive shifts gears because you have a cone clutch model. Also, thank your lucky stars because that looks like the Volvo style and not the King Cobra.
There is nothing in the lower unit that shifts gears. You are looking at the upper unit in your picture.
When you take off the shift plate like that, the drive should be in neutral. You did try shifting the drive with the lever that sits on the front side of that plate you took off right?