It just shows again that anything can and will happen in market.
NCM was regarded as one of the best miners a while back ago and now the worst!!
Someone has to be accountable for this mess but it can and has happened in any company.
Charts show oversold but it means nothing, short bounce is always possible but am sure that can be the best time to short and profit from technical buying.
I have seen form my past mistakes that in time of this move in NCM sometime the best strategy is just to wait and let it run its course.....
Their production figure for June has to be good otherwise??
Cheers,
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