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01/08/12
18:03
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To All Who Are Calling For a Buyback:
On 28th June 2012 OZ Minerals Limited (OZL) completed a $200,000,000 (two hundred million dollars)on market share buyback.
The last price paid was $7.69 a share on the 27th June.
When the Buyback started in 2011 they paid up to $12.00 a share, but this Buyback did not prevent OZ Mineral shares
falling below $8.00 a share.
The message is you can not defeat a market trend. You have to wait for it to run its course.
Forget any Buyback. They are an illusion!
Diana
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