Xstrata Glencore merger a good buy opportunity?

Discussion in 'Stocks & Derivatives' started by silverhoarder8, Feb 15, 2012.

  1. silverhoarder8

    silverhoarder8 New Member

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    Xstrata and Glencore are soon to merge into a commodities giant with a combined market value of $90 billion. What do you think? A buy opportunity for Xstrata?
     
    silverhoarder8, Feb 15, 2012
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  2. SilverSanchez

    SilverSanchez Active Member

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    as far as I know neither trades on the ASX - so most guys here locked out.

    Usually mergers trade low while the deal is being done - both are too big for someone like me to evaluate.
    I'd get some investment advice from a professional broker if you're thinking of participating in the merger by buying shares.
     
    SilverSanchez, Feb 15, 2012
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  3. jnkmbx

    jnkmbx Well-Known Member

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    My usual approach is: Once the news is out it's already too late to hop onto the train. @_@
     
    jnkmbx, Feb 15, 2012
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