Potential newcrest takeover comments.23 Jul 2022 13:37
I have been reading various comments speculating and discussing the potential of newcrest placing a takeover bid for the soon to be 25% of haverion that they don’t yet own, I personally cannot see any advantage to them to do so simply because they have acquired very cheaply a 75% controlling share and will know that in order to acquire the remaining 25% it would cost them a very large sum indeed! They control all the infrastructure, people and plant, if you were in that controlling position why would you pay a very high price merely to acquire a minority share? Before anybody shouts me down or calls me names I would like to say that I am very well invested in this company and want the share price to achieve a multiple of what it is now and I don’ t care how it’s done but fail to see a takeover from newcrest coming any time soon, I don’t mind being proven wrong if it achieves the desired result.