Its a good point pcman2 and I'm surprised OZL didnt, nor did its price react to the MEP trading halt, although it had already risen 5%+ already the past week or so. We can make a better judgemet on this on monday once we know MEPs position and i wouldn't read too much into the ozl price action for the moment.
I bought OZL call options on friday as a way to play the MEP announcement and maybe others took that route as well, rather than direct buying of the OZL shares.
MEP Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
