HT,
Agree with your thoughts. Copper futures are down and SPI futures flat at the moment and with the "euphoria" of the AGM subsiding today may see a mall retracement, but this would be a good opportunity to buy.
I don't believe the takover stories at the moment, but I think OZL is a great buy at the moment with very positive upside.
To back up your comments on inflation I have just analyed the effect of the CBA rate increase on Friday on fixed loans and this points to higher inflation (possibly as a result of a credit squeeze caused by govt borrowings).
CBA fixed home loan interest rates are up 0.5% for 2 - 7 year time period and 0.7 % for 10 years and 0.8% for 15 years. Suspect the latter rates reflect long term uncertainty.
Regards
- Forums
- ASX - By Stock
- OZL
- gap
gap, page-6
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online