OZL do have some very good money spinners, they also have a lot...

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bruham

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13/03/23

16:17

Post #: 66738361
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Originally posted by wolfofasx: ↑

Yep definitely undervalued considering their forecasted growth prospects+ prospects that they have not said to the market yet like kalkaroo probably being bigger than what Havilah’s PFS said, Carrapateena going bigger in the longer term and Brazil showing promise finally. let’s just hope the independent report says it’s not a good price and the institutional investors vote no for the takeover

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Over valued, it's only the copper that is keeping the price up.

Originally posted by boydie63: ↑

BHP could abort the the proposed takeover, and watch OZL's share price rise, then buy on market.This way BHP would pay way more or lose their chance to make Olympic Dam a much better operation with higher copper prices forecast plus reap the benefits of West Musgrave at time of the biggest shift to electrification the world has ever witnessed.Another way is to buy off market at a nominated share price and chance ending up a minority holder .Then you would know what the shareholders plan to do.Positive would sell, the negative would hold.IN MY OWN OPINION OZL is worth more than $28.25.Undervalued due to BHP having put in a bid at a low point in the copper price thereby taking OZL out of normal trading, all copper producers that dropped then have surged past that low point thanks only to coppers recent highs.

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OZL do have some very good money spinners, they also have a lot of duds on board.
The announcement today is one.

But I am not knocking OZL, as a BHP holder, OZL will be in my portfolio soon.
Even if it is over priced, not that I would have paid that for it.

OZL Price at posting: $28.01 Sentiment: None Disclosure: Not Held
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0 Great analysis

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OZL do have some very good money spinners, they also have a lot...

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