NCM 0.00% $23.35 newcrest mining limited

NEM Newmont discussion thread, page-2

  1. 6,526 Posts.
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    Hi,
    As the price goes down , the chance of a positive response to the scheme decreases.
    50% by number of shareholders and 75% of shares usually needed to pass.
    Still very likely to pass , but with no cash offer , and a gap between the vote and final implementation , the uncertainty may be another factor against the scheme.
    If the indicative price drops to near the last capital raising ,there may well be a lot of grumpy individual shareholders about.
    cheers.
 
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