OZL 0.00% $26.44 oz minerals limited

the australian article, page-32

  1. 61 Posts.
    hotwolf, would you agree that ozl have become a riskier proposition over the last 12 months, and in particular the last 6 months? So if cba are entitled to increase their margin as a buffer against the additional risk, why wouldn't they? Oz are eating through their cash - approximately $700m they've gone through since June, which I didn't realise until these recent stories. At this rate they will run out of cash in the first quarter of next year without selling assets.
 
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