Yes, NEM and local CDI’s are languishing, but you have to recognise that swallowing up NCM added significant shares on issue, and the market is yet to properly value the acquisition.
Have otherwise held NEM (formerly Goldcorp) for several years. It’s a monster! Biggest gold mining company in the world, paying out over 4% dividend yield to boot
NEM will recover and get back to well over $50US per share, this equates to over $70AUD, hold on and enjoy the ride.DYOR
Ann: Dividend/Distribution - NEM, page-6
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Last
$65.77 |
Change
-0.600(0.90%) |
Mkt cap ! $10.27B | |||
| Open | High | Low | Value | Volume |
| $66.16 | $66.31 | $65.50 | $31.67M | 479.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 757 | $65.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.77 | 1447 | 14 |
View Market Depth
| Last trade - 13.57pm 21/05/2024 (20 minute delay) ? |
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Last
$65.77 |
Change
-0.600 ( 1.02 %) |
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| Open | High | Low | Volume | ||
| $66.15 | $66.30 | $65.51 | 207304 | ||
| Last updated 14.19pm 21/05/2024 ? | |||||
| NEM (ASX) Chart |