Newcrest Mining (NCM AU): Newmont’s Light All-Scrip Offer
The offer is light in terms of peers' multiples. The Board should seek better terms by granting due diligence. There is also a chance of counterbid...
380 Views
Newmont Proposes Taking Newcrest Back Into The Fold
Newcrest will, in all likelihood, grant due diligence to Newmont. I don't expect any FIRB pushback. Look to short Newmont late in the day, and buy...
502 Views
Newmont's Indicative Offer for Newcrest Mining (NCM AU)
Newmont is looking to acquire Newcrest Mining at an exchange ratio of 0.38 NEM shares per NCM share. That is a 22% premium for NCM. NEM intends to...
555 Views
Awaiting CPI Thursday; Expect 4100-4165 SPX to Cap Upside; Buy Ideas Within Gold Miners, Insurance
With yesterday's break above 3910 in $SPX we see a tradable rally, but 4100-4165 is likely to cap upside; reduce risk into that area. Buy ideas...
508 Views