OZL 0.00% $26.44 oz minerals limited

OZL has just released an ASX announcement indicating that they...

  1. 5,227 Posts.
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    OZL has just released an ASX announcement indicating that they will sell on the ASX unmarketable share parcels (<$500 worth) unless advised not to as well as offering to sell on market parcels with a value of less than $5,000 worth.

    From a cost persepctive, this is good. I would have liked to see the company buy the shares (rather than sell on the ASX) and cancel them, but it is a small step in the right direction.

    Plumb,

    Can you provide information, (without insider trading) why the company did not do a share buy and cancel?

    HT1
 
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Currently unlisted public company.

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