Thanks, CEO,
Just intended not to overstate. Actually POG will break the AUD$1750 barrier very soon. The minimum step after the breakout is AUD$100 if looking at the chart. That will take the price to AUD$1850.
Even at AUD$1700, NCM's free cash flow will be around $30 per share and its share price should be between $50 and $60 using the historic PE ratio. So, $40 is a conservative estimate.
