frankly I think your are worring too much about the short term...

frankly I think your are worring too much about the short term movements...the entire market has the wobbles...mostly the result of the move by the US and china to reign in thier baning systems...fears of lending dryig up again are sweeping the market place...unfounded fears....
....china had allowed its banks too free a hand on lending...they needed to put on the brakes ...or else prices over there would have gotton way out of control..invetors were not being cautious enough..property values were rising too fast..and it all flows down the food chain...
in the uS ..the banks are as greedy as ever ..haven't learnt anything from the gfc...they are being threatened with federal intervention ...threatened atm...there will be a compromise somewhere in the middle to stop all the rorting and risk taking....

traders perception has been distorted out of fear of another gfc...so they hit the exits....brokers haven't been any better...they make fees on all the sells and they love it all all the way down...as from there they get fees all the way back up.....

the one good point about ozl so far has been all through these panic runs of late its managed to mount a strong recovery....never seems to be a shortage of buyers from the lows.....

...the shorters have been a pain...but they seem to keep making a market for the stock...not a day goes by that you dont see at least ( a min ) 5 mill shares traded...its very liquid of course....but it does not experience long protracted pull backs....
...the entire market pulled back...fear reigns and shorters reign supreme..the lower it goes the more they make....but even they know they have to have a respectable bottom for it...its their trading stock of choice...reasonable entry price good exit margins...and a safe investment...with $1 bill in the bank and producing an income .....no risk here for them...its manna from heaven...

sure they constrain its high range...but they also see too low a price as a deterrent to investors...burn them too much and they wont come back..less chance for the shorters to get some of the investors cash...they like to nibble away not just go in for one big bite and end the game....

we have seen many panice situations since ozl re-listed...and every time ozl bounced back....

..despite sentiment about a few directors hanging on too long...one has to look past that and realise they will go...and they are not going to make a difference to ozl moving ahead....any wrong doing on their part will meet with dire results from asic....they are known...they are not forgotton...

the latest decision by the rba to hold interest rates has resulted in the aud pulling back increasing the value of the ozl $us cash component...copper sales continue and production continues to improve...demand will not dry up....
Domestic demand in china continues to rise...for all consumerable...it won't stop....the new chinese younger generation won't go back to pulling carts and riding bicycles....they are a different breed to their parents and like this change....
...the old guard knows full well they can't turn back the clock on this generation....and they know china has to move forward to become a major economic force...this requires domestic stability....and that requires advancements in all areas of domestic china....
whilst the world plods along in the recovery phase china focuses on internal development...requiring massive amounts of foreign commodities.....
,,,,when world demand accelerates ....china will move into a double whammy sales /profit era....
already increased demand is being seen from Korea and Japan....they also see the need to move now not later....

the requirements of the populations of these countries will tide Aust till the US and Europe recover....

ozl will survive whilst others falter...and we really don't want to see any silly investemt in other companies follies....sticking to core iinvestments and increasing their value should be the main focus..minor JV investments may be ok...so long as they are close to PH...

Investor confidence will return but one has to expect some bumps along the road to recovery...after all this has been a world threatening ordeal that the markets have been through...just to survive it is impressive to walk out of it cash rich and debt free with cash flow is a miracle....

EXPECT MORE MIRACLES....

$1.10 the price is cheap I expect $1.25 to be a shoe in...higher if the shorters allow it