OZL SFR

Ann: OZ Minerals disposes of stake in Sandfire, page-16

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  1. PhillW
    1,972 Posts.
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    16/03/15
    17:51
    Post #: 14922624
    In the latest half yearly they booked a $57M loss in the carrying value of Sandfire. I suspect the $4.20 sale will incur a further loss against this investment. There is a $429M value in the finnancials for Sandfire and exploration assets in the Dec 30 Half Year report.
    SFR Price at posting: $4.20 Sentiment: None Disclosure: Not Held
    OZL Price at posting: $3.72 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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