Considering market weakness and RIO, BHP making new lows and banks all falling, I think NCM is doing ok.
The main thing is, in my view, NCM has began to display some strength compared to early May. It seems value is starting to be recognised at these prices. So that is the most important thing that has come out of the past 4 weeks.
All that is needed now is a bounce in the general market or more importantly, some positive NCM related news.
NCM Price at posting:
$24.75 Sentiment: Hold Disclosure: Held
