DataRoom AM: OZ Minerals optimism

A better-than-expected trading update from OZ Minerals has watered down speculation that it will offload its stake in Sandfire Resources, while Spotless Group and Healthscope could return to the ASX.

The prospect of a large block sale of OZ Minerals’ 20 per cent stake in Sandfire Resources appears bleak as the former proves to analysts that its cash drain isn’t as bad as feared. It won’t quell persistent rumours of a tie-up between the two, however, even if it remains a longshot.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles