Not so sure about someone seriously kicking the tyres.This stock...

Not so sure about someone seriously kicking the tyres.

This stock was seriously oversold as market priced it like BSL despite the obvious differences. OST has now rebounded on two major relief points, firstly that CR is not required and secondly that recently acquired mining consumables businesses are actually performing OK.

Add to that the improvement in Greece / Europe and now people can see upside rather than just downside risk.

I would never discount that there could be an opportunistic bid now, especially due to IO and the port facilities, however I think the board would want a good price, having got through some tough times and delivering on a strategy to point the company toward some good sectors and an apparent EPS growth tangent.

Either way - some good times ahead I hope

DYOR

Full tilt