more downside expected, page-188

Not that anyone really cares: I have gone very long, with a back stop in place.

I totally agree with your analysis of NCM Sydney Guy, however it's known information. The market IMV has a way of confounding logical analysis.

IF, and it is a big if, some of the factors which are conspiring to trash NCM share price reverse course, then we could easily see a large % jump in NCM.

The risk of large % moves are much more evenly skewed now and for the first time in ages I felt a punt was worth while.

I have been playing this game for 20 odd years and the market never stops throwing curve balls.

I could be early on this, but I thought it was worth a hedged punt.