"I am worried that MM have said it wants to "use" OZL to purchase other companies. That comment may weigh on the FIRB's deliberations. Stupid comment really."
No, not stupid! By "other" they mean other overseas companies and operations. If OZL becomes owned by MM and they want to buy any operations on Aus soil it would have to go through FIRB again. After this fiasco I don't think they would be too thrilled about that.
OZL Price at posting:
$5.60 Sentiment: Hold Disclosure: Held