my view on ncp

NCP was sold off in the US last night initially it was down around 2.5% but close down just under 1.5%. My initial thought of the sell down in the US was that means the US investors are speculating NCP will remain on the ASX exchange and there is no need for them to hold NCP (NWS). But today, we see NCP on ASX is down over 5% much more than US close. This means our instos are expecting future listing in the US and no need to hold in Oz. If that is the case then US big boys will likely to buy into the stock for future S&P holding requirement. No doubt an interesting trading in the US tonight. Good luck