Ann: IMX signs Heads of Agreement to sell Mt Wood, page-19

  1. 14,086 Posts.
    lightbulb Created with Sketch. 703
    re: Ann: IXR: IMX signs Heads of Agreement to... Android,

    OZL could be a dividend play.

    If OZL board are incapable of finding a good use for the cash hoard then we should get a special dividend of the bulk of that - see my post above.

    OZL need to spell out their capital plan. Either do a good M&A within a reasonable time frame in this low price cycle in resources sector , fast track Carapateena or if those options are not able to be done then issue a special dividend leaving $200M cash in the bank and use PH profits net of PH ongoing development to fund Carapateena development.

 
watchlist Created with Sketch. Add IXR (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $50.72M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $8.897K 849.4K

Buyers (Bids)

No. Vol. Price($)
27 8508814 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 9166349 18
View Market Depth
Last trade - 14.59pm 19/07/2024 (20 minute delay) ?
IXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.