NCM newcrest mining limited
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support for 21.50, page-28

  1. moorookamick
    24,026 Posts.
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    20/02/13
    18:50
    Post #: 11445472
    The average POG FY to date is about $1700 USD /oz or about $1635 AUD'
    Last year NCM averaged a sale price of $1605 AUD/oz.
    We'll simply have to wait until the end of the financial year to get a better
    average than $1635 AUD.
    In summary, if you believe your own post then it would be reasonable to
    short the stock rather than hold it as you do.
    Cheers
    Moorookamick

    NCM Price at posting: $22.16 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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