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0.00% $23.35 newcrest mining limited

even if they do swallow martable, why not strengthen the balance...

  1. dimma
    517 Posts.
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    02/02/09
    09:35
    Post #: 4749960
    even if they do swallow martable, why not strengthen the balance sheet? capital raising through a share issue is usually bad news, unless the shares are trading pretty high, then it can be easily earning accretive.... look at csl, raised at $37 and over subscribed. Barometer will be how over subscribed and at how much of a discount...........
    NCM Price at posting: $31.00 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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