Ronny, Like you, I am very frustrated with the sp of OZL.
I am taking a view of about 2 to 3 years on this stock.
Mr Market is being a bit irrational currently with all resources.
I would be disappointed with a t/o of $2. Short term it is a nice increase on the sp, but it would be a bit like Xstrata picking up MIM for a song or BHP picking up WMC for a song.
Are we all so blinded by the dollars today to not see the dollars for tomorrow? I have learnt from the past. I hope others do as well.
HT1
OZL Price at posting:
$13.40 Sentiment: Hold Disclosure: Held