It is sad when the only way for a good miner to hit fair value these days is if you are the subject of a TO. Hopefully this wakes the market up that the sector is very undervalued.
I for one will be holding on to my sleep easy OZL holdings. I have owned this since the Zinifex days. Even though I hold a fair bit of BHP too it is really to my advantage that they stay separate. The diversification factor alone is well worth it from a portfolio perspective.
OZL Price at posting:
$25.46 Sentiment: Buy Disclosure: Held