OZL 0.00% $26.44 oz minerals limited

missionx, That is a vey good article. I think spooking the...

  1. 62 Posts.
    missionx,

    That is a vey good article.

    I think spooking the market wouldn't be a concern. The book value is 2.30 a share above the 1.90 shar price and so the danger of paying too much in a remote one.

    From my understanding spooking would only be a problem afte many buy backs and as far as I can see OZ Minerals hasn't done very many at all.

    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.

    Ryan
 
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