daytrade diaries... wednesday, page-241

  1. 3,298 Posts.
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    Sometimes charts don't show good trading opportunities because they are yet to emerge!
    Over the last few months I have watched the OZL situation with interest. Today I purchased OZL on the basis it represents good value, because most investors haven't checked recent announcements.
    PH is a world class asset that will grow over time while Chinese interest will pay the bank debt & leave the company with probably about $400m cash or there abouts.
    OZL will probably replace senior management, again positive for the share price & become a pure gold/copper play going forward.
    Well worth reading recent ASX announcements to see OZL represents an excellent recovery situation.
    Regards
    Bufett


 
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