OZL 0.00% $26.44 oz minerals limited

cash bal.

  1. 91 Posts.
    Any ideas' on what OZL intends to do with its cash balance? Do they know what to do with it? It doesn't seems like an efficient use of resources sitting there even post Advanco transaction; what massive unfunded expenditures do they have? Probably save to assume increase in dividends (franked too) ...

    My gut feel tells me at the current price you'd be buying risk around the execution of its growth story ... I might be wrong as I've just commenced researching.
 
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Currently unlisted public company.

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