You'd think for the best part of 2011 NCM was trading if not a...

You'd think for the best part of 2011 NCM was trading if not a gold miner but a bank or a retailer....The minute we see any sell off in the asx200 the selling in NCM intensifies ( looks like algo selling ) - i'ts fair to say that NCM has failed to track the gold price in 2011 - except to the downside.
Yet all the while the fundamentals keep improving....

This week we have the added joy of OE 26/5 - therefore the do not pass go sign has been planted well and truly at 38.50 and 38

This Friday and next week you would think we play catch up and trade above $40 - accumulating at these discounted prices has to be the best strategy for the medium to long term investor.