Anglo Gets A Bid. Here's How Unum Capital Clients Have Benefited - Thursday, 25 April 2024

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Mining Deal News: BHP Group looking to acquire Anglo American Plc. 

Unum Capital Clients Have Benefited By Having Access To Research Insights Which Highlighted Both Opportunities And Risks.

Most Recent Views [All views/charts are time-stamped]

Two published long signals in recent times vs one sell signal at R750. Also - via a pair (long AGL/short KIO - now +47%). 

In line with the long view, 1st signal - early signs, 12 December at R436.

Most recent view on 06-March at R425.

A Pairs Trade: Long AGL, Short KIO - 16 November - this pair is currently higher by 47%.

At the top of last year (Jan-2023) we also took the bearish view at R750-R760 (subsequent low was below R400)

This morning AGL traded back above R600.

Well done to shareholders.

Lester Davids

Analyst: Unum Capital