Will wait and see till end of year. The best hope for SP to go up is takeover, but hopefully it can go up to $2 ish before. Bazza is a dill saying that OH knew he had to step down and AM to take over. Why merge with a zinc co. in the first place? I am not sure what others think of AM track record. I fact i know for sure he let BHP have WMC for peanuts. Management not impressive since March 08. I would not be suprised if they maintain the number of directors at 11 for a fair while. (maybe Mansell can go on another 5 boards in that time) only thinking of his own pocket. Will see if their next move is a good one. As the March merger was the worst OH made (won't be suprised if Bazza & Mansell supported it more than anyone else). Built it up for years, and then pufff the Bazza dragon drop 60% with incompetent decision. Will see what the One eyed wizard of Oz will do short-term! can make worst decision than the previous one, I HOPE!
OZL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held