NDO 6.25% 85.0¢ nido education limited

how low can ndo go?

  1. 480 Posts.
    With no real positive news in regard to drilling for the next 6 months, a declining production rate (wheres the 20,000 bod we are promised my management) and declining oil price. 6 cents could be achieved. Hope not, but chances are high in this environment. Cant see a shinning white knight come to save us in the short term (BP, Shell or Mobil) Why would they, with so many distressed assets to choose from.
 
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