NCM newcrest mining limited
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true gearing of ncm, page-10

  1. micky78
    2,921 Posts.
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    15/12/13
    21:25
    Post #: 12703493
    Gdennis, it is very simple. If you have $5 billion cash would you buy entire NCM and take on massive multi billion of debt where the business cannot generate enough income to pay interest on debt. I wouldn't touch that. You should ask warren buffet if he will buy that business.
    NCM Price at posting: $7.42 Sentiment: ST Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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