Hi Dyno ,
Im holding these on CFD's , so for every 10% these go up I double my money .
The ox is trading close to its long term lower trend line ,so the only way I see is up .
High commodity prices will eventually impact the bottom line .
As to dilution , the way I see it , the share only becomes diluted in real terms, if the money goes to something that doesnt improve the value of the company by at least the amount of the capital raising .
Too many people whinge about OXR raisings ,but its precisely this that allowed them to get minotaur , a world class orebody . Since the takeover Copper has risen a fair bit , and in the future the minotaur deal will look like a bargain .
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copper hits new highs this afternoon, page-6
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