There was an excellent article in "The Bull" last week on money supply of US dollars and the impact that it could have on inflation. The general thrust of the article was that Gold and commodities would benefit as investors turned to tangibales that move with inflation.
OZL may be a beneficiary of this sentiment change. (although with all their assets they would have been in an even better position - no point in crying over spilt milk).
With uncertainty gone and management changes, and cash in the bank, it is like the company has risen form the ashes like a pheonix. It really is a different compnay and should trade as such on the ASX.
Will it gap down? Who knows? All the trend lines are pointing up. It will need to be a major reversal for it to gap down.
HT1
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