OZL takeover baffled me initially, until they revealed the blending of the ores across the mines which ultimately will extend mine life and production rates. Add in they bought a workforce to make a copper district with oak dam. The whole ‘copper hub’ idea makes sense to me now. It’ll just take time to come to fruition. OZL didn’t make much sense to any other miner at that price unless you put in a much higher copper price going forward. I’ve added that too in my model! Also sensitivity around FIRB unlikely ever allowing a non Australian company to own prominent hill sue to defence concerns. Hence the blocking back when zinifex and oz merged with that partially blocked takeover.
OZL takeover baffled me initially, until they revealed the...
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$42.78 |
Change
0.140(0.33%) |
Mkt cap ! $217.0B | |||
| Open | High | Low | Value | Volume |
| $42.25 | $42.97 | $42.14 | $223.0M | 5.233M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10160 | $42.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.79 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |