OXR oxiana limited

So far Southern Cross equities, Citi and Fat Prophets have...

  1. 110 Posts.
    So far Southern Cross equities, Citi and Fat Prophets have re-rated OZ and have put it as a buy. i expect other brokers and analysis would have a closer look into this company and come up with the same recommendation. With Debt being a dirty word these days and everyone shying away from shares that are highly leverage, Oz minerals wouls have to be closely monitored since they are debt free with 1.2 billion in the bank. they are also the 3rd biggest diversified miner on the ASX. and we all know who the big 2 are.

    Good time to buy as the price is ridiculous low due to Zinc prices, but many analyst have suggested this is the bottom of Zinc and therefore Oz Minerals share price. limited downside risk.

    DYOR
 
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