OZL 1.26% $14.86 oz minerals limited

target of 40 cents low metal prices for 8yrs

  1. 3,964 Posts.
    lightbulb Created with Sketch. 2
    I have been advised by industry directors over 2yrs ago that ozl was not run to its full potential.
    Low metal prices could be here to stay for around 5 to 8yrs. I see ozl earnings falling like a sinker and their nickel and zinc operations costing them big time in the near future. The market is very confused why zfx merged with oxr. The obvious answer is for diversification but zfx purchased a nickel operation at peak nickel prices, this tends to suggest the directors are cowboys. I believe you could see profits fall by 70% and this would reduce the share price to around 40 cents. Size does matter but so do profits.
 
watchlist Created with Sketch. Add OZL (ASX) to my watchlist
(20min delay)
Last
$14.86
Change
-0.190(1.26%)
Mkt cap ! $4.923B
Open High Low Value Volume
$14.97 $15.07 $14.77 $19.46M 1.304M

Buyers (Bids)

No. Vol. Price($)
2 12273 $14.85
 

Sellers (Offers)

Price($) Vol. No.
$14.87 9522 1
View Market Depth
Last trade - 16.10pm 30/10/2020 (20 minute delay) ?
(live)
Last
$14.77
  Change
-0.190 ( 2.11 %)
Open High Low Volume
$15.01 $15.07 $14.77 183609
Last updated 15.59pm 30/10/2020 (live) ?
OZL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.