takeover talks keep oxiana buoyed, page-15

Announcements like these partially explain ZFX's low price - contrast M's style to OH. Directors have already committed to merger & M will be topdog if it does. Seems logical that their public behaviour will now be aimed at ensuring it goes through. Interesting to note today's ZFX SP lack of move up in view of overnight 6% rise in zinc on the back of strike in Namibia & tragic earthquake in China. Some might say that its all under control folks. Then again perhaps people are just too busy buying up BHP.