ZFX is cashed up with $mega & with its merger partner OXR is looking for as yet un-named takeover targets. I wonder what comes to the mind of OXR's Owen Hegarty [OH] & ZFX's Andrew Michelmore [AM] when they think about takeover targets:
. High quality but under-developed assets [copper, gold, etc]
. Companies unable to adequately fund identified projects
. Growth potential - near, short & long term
. Depressed SP
. Minimal debt
. Questionable mgt easily replaced => takeover synergies
IMHO TMR now qualifies as a takeover target [I also hold OXR & ZFX].
4YIO - NFA
news, page-46
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