Hi CE Chair, cant comment on that issue sorry, of the top of my head I wouldnt put too much of NCM in a SMSF due to its low yield and ridiculous ranges..
Hi Timoshev, well I thought they were about to rally all comodities, looks like that was a short term high, as you know doubt have seen, Gold, Euro and everything else got smashed right on comex open, they are reporting someone bought a huge number of Gold puts,,,,,,was up an about to see the trade and the 1700 area certainly got a short sharp and sudden testing but it rebounded very strongly on good volume to finish back over the 1717.50 mark...USA markets also way down totally reversed to finish in the green
Obviously someone large knew the dump was coming as NCM was slaughtered yesterday in advance, I suppose they couldnt ask for more being Options expiry day
NCM Price at posting:
$25.33 Sentiment: None Disclosure: Held
