Hey Guys,
Ok better watch wat i say this time.
Firstly...remember that NCM has got 500000 ounces a yr still hedged at $800, this goes till abt 2013.
Secondly, i feel that any rally days may well be used to book profits as the stock has had a great run from arnd $30....also take into account that this stock for many yrs has had a trading mindset of buy arnd $30, sell arnd $40 and for such a volatile stock this can he hard to shake.
Thirdly....a rally in POG does not always benefit underlaying fgures as u wld expect especially cause of rallying AUD.
Lastly...unless ur playing the short game or trading warrants or options on the stock why worry too much abt the d2d price.............in the longer term we all knoiw where its gonna go.
Just a bit of food for thought.
Comments welcome.
Regards
ST
- Forums
- ASX - By Stock
- NCM
- back over $40 soon
back over $40 soon, page-9
-
-
- There are more pages in this discussion • 143 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NCM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online