Glencore Share Discussion Threads

[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..

[84stewart] 05/5/2024 11:15

A bidding war won’t be good for Glen, more they pay more Debt share price dilution.

[action] 05/5/2024 10:19

Are we going for 432P and new low if Bidding war involves GLEN as well. Monty will be proved right with his target price.

[leoneobull] 04/5/2024 05:30

https://archive.ph/2024.04.19-184519/https://www.bloomberg.com/news/articles/2024-04-19/glencore-and-trafigura-s-sanctions-games-are-draining-the-lme

[leoneobull] 04/5/2024 04:08

https://archive.ph/2024.05.03-103856/https://www.thetimes.co.uk/article/glencore-ponders-bid-for-rival-anglo-american-dnrbwsgm6

[hem007] 03/5/2024 17:12

God might be an AAL holder :)

[sundial1] 03/5/2024 17:03

They are just saying for face sake. Just payed 1 billion to shell, for there operation in singerpoure. And teck deal. They can never raise the money

[hem007] 03/5/2024 16:08

Aal gone negative. I think the market knows Glen won't bid. Fingers crossed

[action] 03/5/2024 15:28

Monty may get his target price...GLEN let go. Can not maintain divi yield. Now bidding war., say good buy to divi for long time.. even Teck partial bidding is too much for GLEN.

[84stewart] 03/5/2024 15:23

There will be a bidding war but not all putting the their hats in the ring ,only Rio Ziljn ,possibly Glen the rest are chancer hoping to make a fast Buck by pushing price up £40-45bln could be possible ,let madness prevail,Glen shareholders could lose 40% of their shares imho.