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$4.69 saracen mineral holdings limited

Why is the stock price falling as the Aussie $ dropping?

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Sydney03

131 Posts.

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02/11/20

21:12

Post #: 48596340
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Originally posted by brianchu82: ↑

Hi everyone,

I hope that most of you can now see that the merger is actually more beneficial to Saracen than Northern Star, even though Saracen brings better assets to the table. Perhaps our opinions may still differ. Nonetheless, we have seen that investors are largely pretty keen on the merger as evidenced by the rally of some 17% since the announcement. I am positive about it going into the future.

An analysis on the merger can be found in this thread:

https://hotcopper.com.au/threads/valuation-analysis-nst-and-sar-merger-22nd-oct-2020.5704586/

Hope you all keep well in the meanwhile!

Cheers,
Brian

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Why is the stock price falling as the Aussie $ dropping?

SAR Price at posting: $5.63 Sentiment: Buy Disclosure: Held
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