OZL oz minerals limited

trading halt is a blessing, page-9

  1. 2,842 Posts.
    TSG,

    Excellent post.

    Now you might get more companies doing an "OZL", that is if they have just the slightest little bit of bad news or things not going exactly like management want will run off to the ASX and seek a "Suspension from Trading", for 30 days. What's next 60 days, 90 days ??.

    What is happening to the free market???

    You are 100% correct, refinancing is a normal business event not one that requires a "trading halt" for a few days, let alone being "Suspended" for one month. That would nearly have to be a first for an ASX100 company.

    Cheers
    Muzz
 
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