NCZ 0.00% $1.10 new century resources limited

I'm not sure you should hold yourself up as a great barometer of...

  1. 79 Posts.
    lightbulb Created with Sketch. 13
    I'm not sure you should hold yourself up as a great barometer of where this stock goes, nor where zinc prices are concerned.

    On Twitter you said you were going to buy stock on the open yesterday (you'd be down 25% on those) and that it was gong to go to 40c very quickly on the back of the IGO deal.

    you also said yesterday that zinc prices had broken through $1900, formed a new base and were gong to charge straight to $2,000/t. Well they traded back down at $1,872/t last night.

    Let's just provide a bit of context around these things going forward. Even you would have to admit that the stock trading 18c would be a reasonably disappointing outcome to all the long suffering shareholders/stock promoters/baggies.
 
watchlist Created with Sketch. Add NCZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.