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246 Posts.
50
07/02/23
12:47
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Feels like NCM is undervalued to market based on the current.
With the potential of an increased offer or competing offer, I'm optimistic on NCM.
Obviously lots of variables here - particularly USD FX and Newmont share price.
If offer improves, USD strengthens, and Newmont shares price goes up, much bigger upside for NCM.
| | 7-Feb | 52 week high | Recent high |
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1 | Newmont share price | $47.60 | $84.00 | $55.00 |
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2 | USD FX | $0.69 | $0.69 | $0.69 |
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3 | Newmont share price (AUD) | $68.99 | $121.74 | $79.71 |
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4 | NCM Value (0.38) | $26.21 | $46.26 | $30.29 |
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5 | Current NCM value | $24.50 | $24.50 | $24.50 |
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6 | Discount | 7% | 89% | 24% |
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DYOR
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