1. Aus Govt gets serious about "special purpose vehicle" to fill credit vacuum for qualified borrowers rolling over funding (refer Fin Rev editorial 8/12/08) 2. ozl gets their roll over funding (on reasonable terms) 3. Some recovery in base metal prices 4. Re-list week before Christmas (or even Jan 09)
Result - initial trades 80-90c. Value buyers and traders dominate. Week later $1 plus.
Unknown (to me at least) what has happened to short positions during suspension? If some alive - significant short covering rally drives prices higher from bell.
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
