OZL
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0.00% $26.44 oz minerals limited

re: Ann: OZ Minerals 2009 Half Year Report (i... Hi DasaYour...

  1. Geoffrey10
    415 Posts.
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    28/08/09
    16:19
    Post #: 5570049
    re: Ann: OZ Minerals 2009 Half Year Report (i...
    Hi Dasa

    Your comments

    "I would prefer a share buy back of 5% of the stock which at $1.20 per share would cost approximately $198 million"

    I agree, it would keep a share buy back on the agenda without spending too much of the money and slowly reducing shares. I'm in it for capital growth but a small share buy back like you suggest to me is a good idea.

    Geoff
    OZL Price at posting: $10.50 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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