OZL
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0.00% $26.44 oz minerals limited

i thought that they do have some acquisitions in mind. However,...

  1. acecant
    929 Posts.
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    07/01/10
    12:55
    Post #: 6172671
    i thought that they do have some acquisitions in mind. However, this is basically buying assets from RIO. So, until RIO finalise their portfolio, you may see that the cash will be there until then. Also, who is to say they will be looking to acquire in Australia anyway? Strong $A makes overseas looks attractive. Remember terry Burgess does have more 'global' experience.
    OZL Price at posting: $12.60 Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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