Newcrest price target raised to 29.50 AUDWe are all forced Newcrest share owners now. So it is interesting to read the headline from some hours ago:
Newcrest Mining Ltd. (NCM:AU) (NCMGY) PT Raised to AUD29.50 at Scotiabank
January 24, 2022 11:02 AM EST
Scotiabank analyst Tanya Jakusconek raised the ...
NCM.AU closed in Australia today at 25.18 AUD. Woukld mean there is some air open to higher prices for us. Never the less I am happy to have sold (short) in Australia already a good part of my NCM shares just some hours after the so called "voting" decision. The shorted NCM shares should come soon into my portfolio.
Assuming that the exchange for PVG shares will be the default 50 % cash and 50 % NCM shares it seems to me, that there may be still some interesting trading opportunities in PVG.