LGL NCM

re: Ann: Newcrest and LGL Enter into Merger I... LGL should be...

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  1. practisingaccountant
    9,376 Posts.
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    04/05/10
    09:43
    Post #: 6649781
    re: Ann: Newcrest and LGL Enter into Merger I... LGL should be more valuable and NCM less valuable post the Rudd/Swan 40% tax grab as LGL's assets are substantially overseas and NCM's assets are substantially within Australia and within reach of Canberra.

    I thought LGL could have gotten a better deal. Remember the offer price will go down with the NCM share price.
    LGL Price at posting: $3.67 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
$1.74 		Change
-0.015(0.86%) 		Mkt cap ! $172.7M
Open High Low Value Volume
$1.77 $1.77 $1.74 $12 7

Buyers (Bids)

No. Vol. Price($)
1 1000 $1.72
 

Sellers (Offers)

Price($) Vol. No.
$1.75 336 1
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