OZL 0.00% $26.44 oz minerals limited

toro rights issue and takeover

  1. 26,217 Posts.
    lightbulb Created with Sketch. 639
    just a thought, from memory ozl hold 46 or 47% of toro.
    With the recent rights issue, and toro taking up all thgeirs, I assume not mnay others would have, as the price fell under the spp price.
    What percentage of ownership calls for a takover is it 51%
    They may hit that with the extra shares in the rights issue. Food for thought, that gives then diversity into uranium, another commidty in the mix can only enhance ozl
 
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