I would not even contemplate buying this thing until the high is clearly taken out on convincing volume - and even then I'd need to be under the influence of some hallucinatory drug.
NCM is such a difficult stock to trade - I have had a love / hate relationship with it over many years so "divorce "is the sensible course of action.
There are better (and safer) stocks 'out there' than NCM.
The gold market is easily manipulated and the playing field seems far from level. The strong Aussie $ is another negative for Australian gold stocks ... and NCM needs to get its "Telfer Act" together. It's hedging policy (while bedded down in the short term) may well come back to bite it further down the track as its hedging 'solution' seems rather short sighted .... nah ... too risky for my blood ... but good luck to those who dare to ride the "NCM tiger" and win.
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