NCM newcrest mining limited
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This impairment in the range of A$1.5 billion to A$2.5 billion,...

  1. HSP
    5,051 Posts.
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    24/07/14
    21:33
    Post #: 13711366
    This impairment in the range of A$1.5 billion to A$2.5 billion, The news comes about a year after revealing $6 billion in asset impairments = approx $8000m
    Last year EBIT = $727m
    10 years hard work for nothing to paid the mistake?

    (I am holding short position)
    NCM Price at posting: $10.78 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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