NCM 0.00% $23.35 newcrest mining limited

What do you put the cost of equity at?i have it somewhat higher...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 104 Posts.
    lightbulb Created with Sketch. 19
    What do you put the cost of equity at?
    i have it somewhat higher than 11% which is why this is such a shocker. At present I can get 8% in BB+ credit these days in assets that I choose. Ecuador is a CCC/SD (SD = selective default) jurisdiction and we're taking 11% on an Ecuadorian asset!
    If you think that's a good return, I've got some amazing Argentine opportunities for you.
    I am not here for such rubbish returns for that level of risk, value destruction 101. Management should be held to account.
    Just in case your not a credit guy, expected returns for CCC assets are usually north of 30% for debt instruments.
 
watchlist Created with Sketch. Add NCM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.