NST 0.42% $14.29 northern star resources ltd

Ann: Northern Star and Saracen agree to Merger of Equals- release, page-41

  1. 1,205 Posts.
    lightbulb Created with Sketch. 249

    Wrong move to buy as the NST CEO had nowhere to go to increase earnings per share. This is a mature company with no cheap projects. You have to get what you can take.
    SAR better have some really good back up resources that are cheap to locally produce. As once you hit this mkt cap there is no return.
    I am surprised Instos etc went on this bandwagon.

 
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