I fear that with this share price volatility and latge volume, management might have the bright idea of consolidation to "minimise" the volatility by decreasing the shares on issue - the problem they help cause. I've seen this happen with other companies. Shareholders need to be awake to this. I have been looking at reasons to why this baby is down - Dow up to records, oil up near hundred and Galoc increasing production, and drills in jan with more within the next 6 months. I mean what more does a small oil player need to kick in the sp? That is what worries me for the holders. My holdings are peanuts but I am looking for signs to buy in but not yet as ndo has made me good money in trading.
NDO Price at posting:
3.3¢ Sentiment: None Disclosure: Held
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