This definately had to be a takeover target in the 50s. I think NTA/share re-assesed and down valued is still worth much more than 50s. Can any one say UNDERVALUED?
Thats not including future cash flow stream NPVs per share discounted highly. the market is putting zippo on many of the company's liscence areas and discounting the good ones.
i'm holding on to this anyway but totally think share-price is being driven by sentiment (will we see 40s well I am seeing alot of chartists predictions come to fruition)...people are scared on this one and its going to take years for mngmnt to ensure SH confidence again (if we are still around ie havent been gobbled up.
If someone buys us at about 1.50 I break even. STUPIDITY PREVAILS.
OZL Price at posting:
$6.25 Sentiment: None Disclosure: Held
