Have to go back to around April 06 when it was around the $2.20 mark.
Merger was good idea, but wrong company i feel. AM will have to prove me wrong. if OH was in charge it would be higher, and if OX was stand alone today would be 20-30% higher i feel.
The OX shareholders are pissed that they did not have a say in the merger, and there were no conditions to bail out if share price down xx% or Zinc down xx% which was a mistake. Zinifex would have only agreed if AM was to run the Merged entity, the OX should have walked, ZFX would be worth a lot less today on its own.
At this rate by the end of july may be able to get some at 50c with around 2 p/e
OXR
oxiana limited
Have to go back to around April 06 when it was around the $2.20...
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