"At the moment Mr Market requires proof that OZ Minerals is profitable. The best way to do this is with cash in the form of a share buyback."
or....we could wait for the results! The share price is a product of falling markets and falling zinc price. Exacerbated by peeved OZL shareholders. Nothing more, nothing less.
There are opportunities aplenty to add quality assets beyond buying shares in their own company. I hope the board takes advantage of the opportunity rather than getting caught up in short termism.
OZL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
