OZL 0.00% $26.44 oz minerals limited

Since this post started 27/7 OZL has dropped nearly $1b in...

  1. 373 Posts.
    Since this post started 27/7 OZL has dropped nearly $1b in market cap ($14.17 to $11.38). While the market is in a "selling frenzy" I wonder if OZL had have had $100m in the bank or $2b cash in the bank what difference it would have made to the share price.

    Suggest rather than the buy-back (although at these prices.....why not) buying a TAM, with a MYG or two added in for the same $$$.

    Oh, and yes the market is going further south, if things get really crazy GFC1 levels again, once things get messy investors/traders look to where we have been before as a back-stop.

    Wish I had happier thoughts
 
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Currently unlisted public company.

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