Newcrest stock priceThe SP is tied into one thing only.
And, that is the price of NEM. It will remain at about 40% until the shares are exchanged.
It's nice to see good numbers etc., but they will not have any bearing on the price of Newcrest stock.
What I find interesting as the time approaches for the merger to be consumated is the mystery regarding the special dividend.
What is the ex-dividend date etc.
Buying NCM just prior would resullt in a quick and easy 5% on the investment.
Timing would be critical as the stock price would probaly fluctuate around that date, but would likely revert back to the mean once the dust settles.
I see this as a relatively unique situation.
It should be of interest to see how it plays out.