NCM
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0.00% $23.35 newcrest mining limited

Interesting to consider times when NCM = ~$32.Nov 2007 with gold...

  1. Timoshev
    453 Posts.
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    27/05/09
    10:40
    Post #: 5208652
    Interesting to consider times when NCM = ~$32.

    Nov 2007 with gold at about A$820
    July 08 with gold at about A$1000
    Current with gold at about A$1200+

    I guess that means either:
    (a) previous prices were high due to over enthusiam during market highs.
    (b) current price too low.

    Whatever the explanation, an unhedged NCM with oil price down must surely be doing well for it's shareholders.
    NCM Price at posting: $32.16 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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