OK so we have a little excitement going on.
Now for all those that spend their day comparing apples with oranges, hope your taste is a little better than the market valueing of a company.
It looks like the Data Room is going to be very rich source of income for NDO. (Share price)
Its like this boys and girls, when a company has the fortitude and the 2D/3Dseismic which management believes can contain 11.5 billion barrels of oil in place, then the market is going to sit up and take notice.
NDO management would not and are not allowed by the ASX rules of company discloser of sensitive market information UNLESS it can be back up with legitimate evidence! In this case 2D/3D seismic that must be very positive.
The blue sky for NDO, is big corporate companies worth their salt in this day and age with the worlds oil supply shortages,and China's growing car automotive industry are not going to be complacent.
A example of this is to look at the increase of Iron Ore!
To be blantely honest OIL has not really got out of first gear, when you compare the price increase to other minerals.
What people dont understand about the worlds economy is OIL is the Driver of the Economy!
The price of Oil will increase to slow down peoples demand and waste of this natural resource. Oil is Energy, Oil is the Blood of the Dinosaurs, Black Gold, the worlds economy most important resource by a very long way.
Until you can grasp this mentally, and understand that capitalism was created by Colonel Drake by using a drilling technic which the chinese used for drilling salt, to find OIL in the USA in the mid 1800's, then you better stick to eating fruit.
k
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Last
88.0¢ |
Change
0.050(6.02%) |
Mkt cap ! $200.7M |
Open | High | Low | Value | Volume |
83.0¢ | 88.0¢ | 83.0¢ | $2.385K | 2.711K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 45839 | 83.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 7297 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 45839 | 0.830 |
1 | 2001 | 0.815 |
2 | 2588 | 0.800 |
1 | 5000 | 0.780 |
2 | 26000 | 0.760 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 7297 | 2 |
0.970 | 19999 | 2 |
1.010 | 989 | 1 |
1.050 | 100000 | 1 |
1.090 | 50000 | 1 |
Last trade - 11.29am 23/08/2024 (20 minute delay) ? |
NDO (ASX) Chart |
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
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