NCM 0.00% $23.35 newcrest mining limited

capital raising, page-14

  1. 6,202 Posts.
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    Leemur,

    I can second that comment.

    I think this will go up as quickly as it has fallen this morning now that the China manufacturing figures have come out. China need to add stimulus to keep their growth going. This will be good for POG and (in turn) good for NCM.

    For the chartists out there, my 3month chart shows strong support at $23.80 and whilst we didn't quite get there (as yet) the rebound should be pretty emphatic if it gets near that level - IMO.

    I hope the shorters get their just desserts.
 
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