Oz Minerals says the offer does not reflect synergies between Carrapateena, Prominent Hill and Olympic Dam and in Western Australia between Nickel West and West Musgrave.The offer comes at a time that the copper price is down from its peaks in March and January.Oz Minerals argues the offer is a 13.1 per cent premium of six months and 7.8 per cent over 12 months on a volume weighted average price basis.
OZL Price at posting:
$18.92 Sentiment: Buy Disclosure: Held
