Hi Aexgun, I agree with you, refer my post on assouncement and disclosure I went short but that ended last week..
in the immediate term, Right here right now, market has pulled back quite a bit, NCM has been smashed when they have struck a deal that reduces their income in australia/ by 50% and profit taxes are way off, company value has been smashed nearly 2BLN, its time to pick up a bargain.
Currently mispriced given the level of current output, price of Gold and additional resources with new Lihir buddies...
Ill worry about them delivering all they promised once the covering stops which I think could be a few days.....
good luck,,great fun today :)
NCM Price at posting:
$30.58 Sentiment: ST Buy Disclosure: Held