NCM
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0.00% $23.35 newcrest mining limited

pretty obvious what's going on here ... , page-8

  1. Infose
    5,237 Posts.
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    19/04/11
    09:40
    Post #: 8286595
    It may be pretty obvious to some what's going on here, but without some form of evidence on hand it is not so obvious to me.

    In order to use NCM as a put option you need to be sure that the share price follows very closely the gold price.

    Has anybody projected the variations in the price of gold over time over the fluctuations of the price of the NCM stock?
    NCM Price at posting: $41.12 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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