First month of the new qtr and the price of NCM's goods have risen strongly in value
Deal done/ confirmed today with LGL so the hot levered money is coming out along with forced selling
Shorts having an excuse with the Commumist TAx hype which in reality wont become law if at all for a year or more.
Bidding war seems unlikely and deal was lifted only modestly to get the hands on the resources which diversifies NCM operation away from the Commo Tax
Gold rallies and approaching $1300 aud as the Euro Crisis contunally gets pumped causing ppl to reallocate out of the Euro..
Looking for a bounce as alittle more rationality comes back after the shocks.....
NB This theory may expire in 10 seconds :)
- Forums
- ASX - By Stock
- NCM
- back to 2009 prices
back to 2009 prices, page-3
-
- There are more pages in this discussion • 31 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
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online