It has been interesting reading all the various conspiracy...

It has been interesting reading all the various conspiracy theories claiming that unscrupulous characters are manipulating the OXR price down, setting up the company for a bargain-price takeover.

Hmmm.

So how about this one? The new OZL will have something like $1.2b cash and are keen to buy assets. Maybe OZL are the manipulators (via some evil Hong Kong-based hedge fund managers of course) hoping to take the share price of potential targets down to more attractive levels? They then jump in and grab a bargain.

Hmmm.

Look out FMG, your price is being manipulated by dastardly OZL looking for a takeover bargain. Better contact the ASX……..

We are currently experiencing a very volatile market. It happens. Some stocks become oversold and become cheap, just as they become overpriced in bull markets.

I am an OXR holder (have been for about 2 years) and my advice is to just hang in there, forget silly conspiracy theories and focus your energy on researching the real value of the company in the context of a jittery stock market environment. If, like me, you think the company has been oversold, now is a golden opportunity to buy at a great price. If you think the stock is a dog, then sell. It is your choice. Just don’t go blaming price manipulators, hedge funds, the ASX, the ozone layer, Britney Spears, Fabio Grosso (he dived, godamnit!), or anyone else.

It’s a stock market, its risky, it goes up and down and nothing is guaranteed. So DYOR!!!! If you want guarantees, stick your money in a fixed term savings account.

One day we’ll be able to look back at $2.20 (maybe even lower), shake our heads in disbelief, as we drive our shiny new Porsche down to the beach house for the weekend, and smile.