Current share price is well below the GFC low of around $16 when the POG was below USD700. NCM is at its lowest point in 10 years when it was trading at just over $12 in late 2003.
Basically a wasted decade during which they have put the future of the company in some danger and provided a negative return (not counting what they may have paid out in dividends) for shareholders. Quite an achievement by the very well paid management.
loki
NCM Price at posting:
$9.16 Sentiment: None Disclosure: Not Held