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$23.35 newcrest mining limited

agree your point, i guess that because our government is fuking...

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2020Flash

446 Posts.

35

17/04/23

09:05

Post #: 67304357
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Originally posted by bluesky18: ↑

Very opportunistic offer. How does a company like NCM lose 40%of its value in 1 year in the lead up to the take over offer from the biggest gold miner in the world? This in a highly inflationary and unstable economic environment that has seen the price of gold near record highs. Price manipulation? I'd put some money on that.
I'm not interested in waiting around for a piddly 10% gain. Also remember if the takeover goes through and you end up with Newmont shares, you are highly exposed to an strengthening AUD. The Aussie is only going up from 65cents. Hoping the board responds with a big F.U. to the Yanks.

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agree your point, i guess that because our government is fuking useless to watch this happen, who will give up Newcrest into other country's hand, I bet gov would stop this happen if the bidder is Chinese Gov, US puppy !

NCM Price at posting: $29.96 Sentiment: Buy Disclosure: Held
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0 Great analysis

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