Nothing like a little bit of optomism! BHP takeover is a long shot and if any truth to the rumour would also be in a trading halt! Realistically the assets OZL hold would be of no interest to BHP with possibly the exception being PH if BHP could see synergies with their Olympic Dam Operation. Even so a gutsy move moving before commissioning! Investigation needs to be done to find another company in trading halt to join the dots if a takeover is occuring! NO BHP, RIO, NCM, LGL trading halt so if any substance to the rumour it has to be an overseas company!
OZL Price at posting:
55.0¢ Sentiment: LT Buy Disclosure: Held