re: Ann: 2012 half year financial results ann...
the cash in the bank... has done nothing to underpin this stock the capital returns ..the buyback....the dividends...has not supported the stock
drilling and drilling for organic growth has cost heeps and returned nothing money invested on 2 bob exploration companies...nothing
M&A or no M&A the stock has still been smashed regardless so what is the difference OZL strategies have failed and now we are left with one depleting mine... and paying the price all the above money wasted we could have bought SFR and others and reduced our medium term risks...would we be the old 70c now...NO WAY
OZL Price at posting:
$7.10 Sentiment: None Disclosure: Held