Pretty poor performance for OZL today. It usually follows the All Ords to the point where I can tell how much up or down we are at any point in trading, from the OZL SP. I am wondering if there is some kind of market fatigue happening- for many stocks, not just OZL. Sure, copper was not up by a large amount today, but it still hit a new record high. I expected more from my favourite share. ;)
I am amazed that we had another very green day today. I expect some darker times soon- we can't have this forever. I reckon OZL should have pulled in about $1.74 today- as it normally would on a day like today. Perhaps the market is just waiting for Wednesday.
OZL Price at posting:
$17.15 Sentiment: None Disclosure: Held