NCM newcrest mining limited

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  1. 13,193 Posts.
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    check out the FX changes and what it means to the major holders of NCM

    We know Comm bank has been mthodically selling down its major stake..

    But Barclays, its average buy price was 40.34,,its has been totally killed on paper with the FX rising from say 90cents to 107 V USD or the Euro vs AUSSie...

    Fidelity group as well would be losing and Blackrock, well look at the moves since FEB in the USD vs AUD,,,,,

    With all the banks needing more capital etc, lets see how strong they really are..
 
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