OZL oz minerals limited

Ann: Bidder's Statement, page-17

  1. 1,796 Posts.
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    BR are a significant holder of GLENCORE and OZL and they have the playbook.
    Sell you lot down to $4.50 over the next year, doing you guys the Paul Keating way ('slowly'), then have GLENCORE launch a TO for a piddly $1.5B that they'd find down the back of the couch and trumpet a 100% premium.
    Nothing to whine about there, market forces and all that, right?

    Couldn't happen to a nicer bunch.
 
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