NCM 2.75% $28.78 newcrest mining limited

Aud being called with a six handle by Goldmans Altair...

  1. 9,666 Posts.
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    Aud being called with a six handle by Goldmans

    Altair liquidating all Ozzie equities this week has many talking bubble here about to pop and selling also

    Whilst it's good for Ozzie goldies one should be cautious not to go too far imo on ncm as its jewel, Cadiz is closed due to damage, as usual
    Newcrest isn't firing to take advantage of the.rise in pog aud and all the margin it generates from its most profitable
    Mine

    That said, it will probably overshoot and another great short will present itself
 
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