OXR oxiana limited

more 225 trades, page-7

  1. 147 Posts.
    re: ox making a motza Its not unusual to see the OX trade in such patterns i.e. lull followed by a charge. It was horrendous when it was ding-dong-ing in the 80s, now that its broken out, it certainly looks to have adopted a charge/rest/charge approach. If they can continue to manage their costs, then the case for the OX is going to be even stronger - especially as prices of *all* their products enjoy good growth. St George has a 12-month target of $2.45; so its not surprising at all if we see it resume its charge. I'm hanging on for the ride!

    DT
 
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