NMC nustar mining corporation limited

arbitrage, page-2

  1. boot
    1,540 Posts.
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    04/07/06
    19:52
    Post #: 1654257
    "Should be trading at $1.50 - IAU in Toronto trading @ $1.23 - CAD/AUD = .82 makes NMCDA worth $1.50."

    ~ not necessarily/

    t.o/merger doc. states - 60/40 give or take.

    current approx.market value (CAD):
    NWS = $101.5m+/_
    IAU = $72.5m+/_

    pretty close for the planned mooring, eh?
    NMC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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