I think you will find OZL is predominantly Copper with some gold on the side. Copper price has been trading around $3 to $3.12 range for a couple of weeks now but OZL has moved almost $1 or 10 per cent gain whilst copper price treading water.
Unless the market considers Centro such a great asset that the takeover potential of avb is worth such a rise,but i dont believe this is the case.
Christopher
AVB Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held