OZL 0.00% $26.44 oz minerals limited

minmetals bids for equinox, page-10

  1. 364 Posts.
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    Jenx

    Breathe slowly, breathe deeply. Let it go!
    I don't agree it is fair value. I think it is a predatory offer in the hope it goes through. Don't forget Minmetals tried the same with OZL then upped the offer. I think the same will happen here with EQN. I think fair value is more like $9

    I wonder what the long term implications for OZL would be if it goes through. A state backed chinese supplier of copper to what is tipped to be the biggest market in the future(China). Will that hurt OZL's long term future and allow price manipulation?

    Mx I get your point.
 
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