Turquoisine schreef op 28 september 2015 22:57:
[...]Volgens SA was de reden van de daling van Glencore:
Shares of Glencore plunged 29% to close at just 69 pence, an all-time low, exaggerated by a damning report that said future earnings are so uncertain that the company may need to direct all of its efforts to repay debt.Aanvullend:- Glencore (OTCPK:GLCNF, OTCPK:GLNCY) is down in London action to a new all-time low amid more weak economic data out of China and a report from Investec suggesting
the company's high debt levels means equity valued could be wiped out if commodity prices stay where they are.
- In line with its just-announced plan to sell assets and pay down debt, the company agrees to unload its Araguaia nickel project in Brazil for $8M to Horizonte Minerals.
- Horizonte is already developing a nickel project in that area of the country, and this purchase will allow it to combine Glencore's operations with its own.