OZL oz minerals limited

thoughts on financial strategy, page-8

  1. 941 Posts.
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    Good thread guys.

    I sit in the court of believers that the number of shares currently is too high. If Ozl had to issue more shares (much praying they don't for many years) then it would send the share count pretty much into the stratosphere (especially for a company its size); and then increasing the possibility of a consolidation being needed at some stage (I hate share consolidations!). Limited and controlled buybacks over a period of time would be good IMO as they would chip away at the mountain of shares but not affect the company's ability to grow on the ground.

    The discussion certainly indicates a healthy position to be in
 
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