look out below, page-16

Trainer I would be very careful- I was told about the fundamentals of this stock being very poor over a year ago- by good traders who were short.

At the time and even during the last three months I thought- no way it could go lower- took a short at 17.50 and sold at 16.35 and was pleased as punch that I got it right.

How wrong was I and every long.

Fundamentally they are in trouble. 9.20 is a real possibility as is 8,7,6 or 1 if they don't correct the poor management of the company.

Hastie had a billion dollar order book when they went under- not saying Newcrest will get there- but look at both FA and TA and there is currently only one way to go.