Newcrest states no present intention to raise equity Newcrest has become aware overnight of speculation of a specific nature that the Company intends to announce an equity raising. In the current operating and market conditions, the Company advises that it has no present intention to undertake an equity raising. Newcrest’s Half Year Financial Results and Annual Mineral Resources and Ore Reserves Statement are expected to be released to the market tomorrow as scheduled.
NCM Price at posting:
$10.94 Sentiment: LT Buy Disclosure: Held