OSH is going great guns - lord knows whats going to happen next week.
With things being progressed on a government level of PNG, this should start to reduce some of the sovereign risk.
They should allow the Mineral Resources swap their shares for the pogera interests - saves transaction costs on the market and saves OSH doing the buyback - I should be in strategy for OSH.
Its hard to be patient when you have been waiting for so long and once a rally has started - but in another years time, if not takeover has happened, then this stock should be nearer $2, based on fundamentals if everything goes to plan.
One broker reckons they could pay 4.5cents per share a dividend - that would really get people interested.
Surely there should be some notifications of substantial holdings soon - where the hell is all the stock going?
If it does get taken over or reaches $1.50 + - I am going to meet up with Pillman and show him some fine beers in the city!
Cheers
Mike
OSH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held