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$23.35 newcrest mining limited

Yes, you are correct. I'm on record as saying the deal sucks...

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Un1qu3Nam3

6,248 Posts.

1198

22/05/23

16:23

Post #: 67900975
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Originally posted by AnneSid ↑

Thanks for that. However what I couldn’t figure out, was with the 40% of NEM share price as of Friday, which was 43.66, one would get AUD 26.33 plus the AUD 1.66 dividend if NCM chooses to pay the full USD 1.10.

That would give you a total of 27.29. The price is now 26.95 so it’s fallen below. Am I correct or have I got it wrong.

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Yes, you are correct. I'm on record as saying the deal sucks myself. And that NCM's C-Suite are incentivised to recommend the deal so they can collect their golden parachutes. It's up to the instos from here.

NCM Price at posting: $26.95 Sentiment: Hold Disclosure: Held
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0 Great analysis

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