HT1
Is there any correlation between OZL share price and copper price?
Since GFC copper has traded with consistently higher lows. Can the same be said of OZL?
Copper was last below $3 in 2010. Copper traded between $2.80 and $3.80 in 2010. In 2010 LME copper stocks were much higher than today.
Right now price is at $3.50 /lb It has not been below $3 this year.
In 2010 OZL was trading between $9 and $17 - Now OZL is at $6.30
Something else is going on here - it is not demonstrably connected in any significant way to price or stocks at this stage IMO. I say the current price is an opportunity.
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HT1Is there any correlation between OZL share price and copper...
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