OZL 0.00% $26.44 oz minerals limited

government could bailout ozl

  1. 865 Posts.
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    What's wrong with our Government that it doesn't step in an buy a majority shareholding in OZ Minerals?

    The government could buy shares under the 85 cent offer of the Chinese Government and continue to employ aussies ...and we'd retain ownership of the second biggest zinc mine in the world.

    When the shares go up to twice what the Govt bought them for they could sell off half their share holding and pay for the taxpayers investment. All of us taxpayers would then enjoy the dividends and stop the Chinese or any other foreigners from owning our turf.

    Here's an interesting short video analysis of the Chinese strategy in taking over OZ Minerals.

    http://www.youtube.com/watch?v=2L6d3m5Pi5A&feature=channel_page
 
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