Glencore Share Discussion Threads

[sundial1] 08/5/2024 19:12

Thinking where would it send the price,would it be a drag, or a future bounce priced in.

[sundial1] 08/5/2024 18:37

As i mentioned before mines are halved between them copper.if Bhp buys ,sell assets Glencore will only cherry pick ,coal mines in Australia ,iron mines in south Africa anyway.putting the lot together.

[sundial1] 08/5/2024 14:38

Copper leveled of with demand.only weaker dollar will help share price more.dollar.getting stronger.japan biggest holder of USA debt.might sell the dollar.save weaken the yen be highest in decades against it.

[84stewart] 08/5/2024 10:51

Gxgxx I couldn’t pick up link but volcano is the Trust for Vedanta ex Aal.owner/investor of which Anil Argawal is the Blnair Indian miner

[84stewart] 08/5/2024 10:33

It was reported to be for $1bln

[gxgxx] 08/5/2024 10:24

Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore

hxxps://www.thestar.com.my/business/business-news/2024/05/08/shell-to-sell-singapore-refinery-petrochemical-assets-to-chandra-asri-and-glencore

Glencore divests Volcan stake

hxxps://www.australianmining.com.au/glencore-divests-volcan-stake/

[action] 08/5/2024 10:17

Fast money chasing copper from 3.61 till 4.60. Fast money can dump it as well. DYOR.

[action] 08/5/2024 10:15

Copper down. GLEN down

[casket1] 08/5/2024 10:11

Suspect it maybe linked to Copper dropping 1.21%

[mhrangoon] 08/5/2024 09:45

Why the drop?

[action] 08/5/2024 09:25

500k bght at 467p. Market price 459p

[gxgxx] 08/5/2024 07:05

This is an interesting article:

Anglo bid: Why Glencore, Rio Tinto may sit on their hands for now

hxxps://www.news24.com/fin24/companies/anglo-bid-why-glencore-rio-tinto-may-sit-on-their-hands-for-now-20240507

[philgyuk] 07/5/2024 17:43

Well, the price of copper is forecast to keep going up so, hopefully, that will help Glen too.

[mhrangoon] 07/5/2024 12:43

Lets hope that it goes above 500p soon.

[action] 07/5/2024 09:58

Mine around 495p

[action] 07/5/2024 09:57

Never say never. As bond says. LOL.

[mhrangoon] 07/5/2024 09:56

Still long way to go before i breakeven. My average purchase price is £4.75. Hope we see above 4.80 this week.

[84stewart] 06/5/2024 17:33

I can’t see Glen topping BHPs $60bln new offer that is being proposed.

[gxgxx] 06/5/2024 13:07

Glencore, PT Chandra Asri nears $1bn deal for Shell’s Singapore assets

hxxps://www.offshore-technology.com/news/glencore-pt-chandra-shells/

[action] 05/5/2024 11:20

Same thing

[action] 05/5/2024 11:20

BOD is always egoistic. Look at BATS acquisition of Raynold? . Now their whole market cap is same as what they paid . Something happened to VODA. history may repeat itself..