NCM 0.00% $23.35 newcrest mining limited

It was absolutley priced for perfection at nose bleed multiples...

  1. 13,036 Posts.
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    It was absolutley priced for perfection at nose bleed multiples after delivering a huge fall in profit for the last half(23)

    It has subsequently borrowed 250 m usd for a state in a company which is insanley overbudget

    Then this wall collpased which they say will
    Dent thier guidance

    Usual
    Newcrest year in year out

    With so much money spent on equity and now I assume a big repair bill- will they now borrow to pay a dividend ???

    It’s skowly coming back down to earth- still strong trade with can eck holding so many shares via etf
 
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Currently unlisted public company.

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