NCP closes 10.50 equivalent in US

  1. 365 Posts.
    NCP rise in the Aussie market was followed through early in US with the stock moving to 24.40 us(divide by 4 and equate to A dollars($10.89 @A dollar.56).

    This was short lived as the US market fell on a range of issues to $23.65 or a $10.50 closing price.

    The stock has moved up nicely from 958 to 1080 here yesterday ,todays market may tell whether the rally is short lived or in fact its pulling out of it 18-24 month downtrend.

    I have no view but to wait and watch
 
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