Glencore Share Discussion Threads

[action] 27/4/2024 09:22

I am surprised to see 469p. Morning opening 477p. I thought it will build in morning strength. Oh well need to wait for divi now.

[meb123] 26/4/2024 16:49

Rotation back into Tech which probably explains the muted price action today . What a surprise that it should close just below 470 !

[action] 26/4/2024 09:26

Copper up 1.5% today. GLEN waiting for 2.30pm us open. Must go to 490p+++ by exd. Anyone?

[action] 26/4/2024 09:24

Exd 2nd of May24

[sundial1] 26/4/2024 08:10

could do with weaker dollar.yesterday was not good news.one way with a over heating economy demand for copper etc.weak economy,hence interest rates drop weaker dollar.but talk of stagflation something have to watch.America can't do with long term high interest rates with high debt.

[action] 26/4/2024 07:48

Copper up 10,000 usd last seen in 2022.Hope GLEN takes the hint and crosses 500p

[84stewart] 26/4/2024 05:50

Bhp bid for Glen would not work all share offer around £70bln which would dilute Bhp share price and not get shareholder approval imho

[mhrangoon] 26/4/2024 00:16

I wish BHP drop AAL and bid for GLEN@30% premium.

[sundial1] 25/4/2024 21:32

Back to scratch tomorrow

[sundial1] 25/4/2024 16:23

Looks like stagflation in USA. Can't drop rates. And heading recession.

[uncertain times] 25/4/2024 10:37

Yes, unlikely that they will get involved in a bidding war. Anglo isn't a particularly good fit for them anyway. To use a well-worn phrase 'Why buy a 10 room mansion for its garage?'

[tuftymatt] 25/4/2024 10:36

Yeah I don't think GLEN are going to get involved in an AAL bid. Could be wrong but hope I am not.

Good luck all 👍🏻

[action] 25/4/2024 10:23

Glen has to digest coal acquisition 1st. I hope they do not join the bidding war.

[foxy22] 25/4/2024 08:57

Think glencore will be counterbiddingPrice will fallWatch out

[action] 25/4/2024 08:51

GLEN must be thinking To be or not to be joining the bidding war. Hope not.

[juliemara] 25/4/2024 08:30

Agree, a cheeky opening. Time will tell whether it's unrelated here!

[tuftymatt] 25/4/2024 08:27

Unrelated apart from the same sector is how I see it.

I hold AAL and think the offer is way too low.

Good luck all 👍🏻

[juliemara] 25/4/2024 08:25

Remarkably quiet here considering the AAL press release this morning.

[action] 24/4/2024 11:31

Copper up today GLEN up today

[tuftymatt] 24/4/2024 11:18

Yeah as I said yesterday it wasn't going to take a lot to see this back to 480.

The markets are doing ok so any dip is being jumped on ready for a quick bounce back up. Who knows if that will carry on or not but right now it seems this sector is a good place to be.

Good luck all 👍🏻

[action] 23/4/2024 11:58

Just bought in dip and out now with small gain

[sundial1] 23/4/2024 11:12

pound weaker ,being dollar dividend paying company should be higher .as said nothing goes up in straight line.as said wait for Thursday for changes.

[tuftymatt] 23/4/2024 11:08

Not much required to be back above 480 in my opinion.

Miners having an off day but I think the sector remains attractive, especially with a long term view.

Good luck all 👍🏻

[mhrangoon] 23/4/2024 10:50

£3600 down in 1 day