The fundamental problem is the Market does not believe NCM has a very good record at meeting their production guidance and hence the actual volume of gold/copper sold is less than expected.
Tied with Gold sitting trend wise at a cross roads it is a bet each way at the moment.
Long term I think it is a good investment at these levels but I think it is wise to wait confirmation of a trend change unless you are looking for a short term bounce.
I can see a FOMO rally when it comes but I don't think many are shorting this stock.
- Forums
- ASX - By Stock
- NCM
- fundamentals
fundamentals, page-2
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)