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$23.35 newcrest mining limited

I'm a retail shareholder holding 65,500 NCM units...

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ConnerEx

674 Posts.

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31/08/23

07:39

Post #: 69650644
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Originally posted by bikemad: ↑

That there has been no company announcement, only Reuters news says much about Newcrest. And then zero discussion by shareholders speaks to the apathy here.

To me it is a sad day for Australia. It is so typical that we will just hand over our largest gold mining company for a pittance of what it is potentially worth. Shareholders are treated like fools and are being offered $1.10 dividend for their silence. But that's it, it's gone.

Our government and regulators are a joke and are treated just so by foreign raiders.

Gold is the anti USD yet it is the American hedge funds and large banks that have appeared as the largest shareholders in so many of our mining companies because they understand how important gold is in this world on the brink of financial collapse.

Shareholders should vote against this deal and keep Newcrest in Australian hands.

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I'm a retail shareholder holding 65,500 NCM units ..I'm looking for the growth in NEM shares once they get their hands on the cream of the planet's tier 1 au/cu assets . Imo we will look upon this differently within a short period.

NCM Price at posting: $26.15 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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