OZL 0.00% $26.44 oz minerals limited

company strategy released nov 30

  1. 4,502 Posts.
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    Volume hasn't been great on this down leg.......

    However we have to consider whether the selling pressure is due to a leak of the company strategy i.e. people close to the company don't like the direction that the CEO is about to take this company..... or the increasing copper inventories..... or the $AUS vs $US cash position.

    It may not be any of the above considering the performance of some of OZL's peers i.e. they too seem to be in some drifting (down) pattern.

    We'll have to wait and see what they present on Monday 30th Nov, 2009. The strength and quality of his strategy will probably be the defining moment (for me) on whether i keep my shares of this company or sell and move on.
 
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Currently unlisted public company.

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