Possible reasons for OZL share price decrease:
The RBA has clearly indicated that interests rates
will be cut tomorrow. One consequence of an interest
rate cut will be a decrease in the value of the $Aus.
If I was an overseas holder of OZL I would bring forward
any intention to sell.
If I was a large overseas 'hedge fund' then I would sell today
(and possibly buy back tomorrow; the copper price has gone up.
The RBA should know better than to 'signal' any change in interest rates.
My statements are just conjecture; as Mx would say DYOResearch. HC42
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