CAPITAL MARKETS

Ozz fails to spark buyer interest

OZZ Resources has become the latest junior to struggle after listing on the Australian Securities Exchange but, with cash to fund drilling, it aims to swiftly deliver good news to turn that around.

 The Old prospect at OZZ's Maguires Reward project

The Old prospect at OZZ's Maguires Reward project

OZZ raised A$5 million at 20c via a heavily oversubscribed initial public offer that closed in May.   The stock dipped to a low of 15c, before closing down 16% at 16.5c after some four million shares...

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