Called the company in SA and it is business as usual with a cloud of uncertainty thanks/no thanks to the BHP bid. In my opinion it would be a terrible outcome for the share holders long term. A nimble kick a** competitor is what BHP is trying to gobble up at a bargin price and thus take away the competition. Think if the offer is rejected I will double down on OZL and make it a large part of my retirement holdings.
Share holders will have their say sometime 2023. Definate big NO voter here!
OZL Price at posting:
$27.48 Sentiment: Hold Disclosure: Held