OZL 0.00% $26.44 oz minerals limited

oversold, page-13

  1. 3,045 Posts.
    The stock will find a bottom, question is when. Looking at the chart it's dropped 50% in pretty much a straight line.

    Looks ripe for a trade and perhaps even pick up a dividend on the way through. All the upside from metal prices and pipeline projects/exploration upside has been priced out. Still could drop lower but it's got to be close to a massive short covering rally. Perhaps the trade should be short ASX resource index, long OZL?
 
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Currently unlisted public company.

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