OZL 0.00% $26.44 oz minerals limited

why is ozl falling, page-25

  1. asf
    9,887 Posts.
    Heya, ville. Your post is interesting. I have no idea of how to calculate a PE ratio, and nor do I know how EPs is calculated. When I first started with shares, I thought I needed to know these things- to be a value investor (never was and never will be into TA- I think it's nonsense- sorry if that offends anyone). Now I've been around shares for several months, I see companies as a share price. The "perfect" company, in terms of fundamental analysis, can be ripped apart by the markets, and is often done so. If FA worked perfectly, I'd learn all that. Same if TA worked perfectly- I'd learn that, too.

    As to consolidation or other forms of restructure, it may be easy to know that OZL will be $16.00 some time ahead, but does the market like it? I don't know- i can only go by the share price- up, down, remains the same- that tells me something. Companies can also do other "complex" things- ie listing on other exchanges. Then one can see how the SP performed in those other markets- I find that complex. Eldorado Gold, for example, is listed on the TXS stock exchange, and in Canada, and in Australia. The SP is always different in all markets. It's confusing.

    I did like when OZL was simple: loads of cash, a dividend, no rush to purchase anything. I didn;t sell due to notions of "complexity". It was just time for me to sell. It may have been time for others to sell, too. This thread asks about OZL's share price. There are loads of intangibles (market sentiment, thoughts of complexity, too!) that can impact upon a share price.

    Cheers, though- it;s probably good to know fundamentals of a company. They probably won;t change with a consolidation, but something will change, and maybe it already has. The market is perfect, in my view. I know people will disagree, but the market is bigger than me, and I may as well go with it.
 
watchlist Created with Sketch. Add OZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.