strong open this morning, page-9

OZL was not oversold directly due to the GFC IMO. I think they were unique company issues that were extenuated by the GFC. They were saved by Minmetals (Chinese coy) and the Foreign Review Investment Board's decision to prevent the sale of Prominent Hill turned out to be a blessing in disguise for OZL shareholders. The deal left OZL with a excellent cash position as it was an asset purchase (if my recollection is correct)

When that decision was made OZL share was about 50 to 55 cents and I bought in luckily recouping paper losses from the collapse. They have slowly climbed out the mess since then and are now in an excellent position, producing a profit and huge cash position and now paying a dividend.

However I actually prefer TZN (if I was to choose between the two) as there is better SP growth potential than OZL - IMO. Hopefully the market sentiment will change in favour of TZN.