going back to 50c, page-18

colinchi, well after reading your post,I give up.
You still think the sp of mcr held up well with the buyback,even though it fell from low 90's to 55c.
Thats about a 40% drop.
But I put a lot of this down to the falling ni price and general market sentiment at that time.
Yes,pan have fallen further but still would have even with a buyback in place.
I think the considerable cash holding of mcr helped to cushion the sp.
You say the nickel price will control the sp over the next 6 months,Well done,you at least have got that right.