That means they are holding
unhedged usd debt longer at a time when aud is falling, at a time when interest rates are rising, at a time when cashflow is weak to cover these additional exposures and costs
Bankers have nailed them
ncm will not be laughing all the way to the bank
they took the punt which was a clear risk
niw they have rising debt levels
rising service costs
like a a huge credit card, many just never pay it off , always paying interest, fees, never getting ahead
NCM Price at posting:
$10.03 Sentiment: Sell Disclosure: Held
