NDO 1.78% 83.0¢ nido education limited

share price: 63c vs 14c , page-6

  1. 626 Posts.
    Bwana,

    I am somewhat perplexed with a couple of your comments.

    You say "the magic whitby band waggon drove it up to 60c odd." I hear alot on this thread that Whitby was the be all and end all of NDO. Sure he was good at what he did and sure the sp hit 60c when he was at the helm, but he also was the lucky one to be at the helm when they made the 11billion barrel announcement. Granted that Whitby spent alot of time doing roadshows but that wasnt just to increase the sp for holders, it was also for capital raisings. Alot of people on hear have been saying that Jocot needs to get out on the road more like Whitby did but we are in different times now and over the past 6 months management have been trying to save money due to the greater economic circumstances beyond their control. If holding non-stop roadshows was the answer dont we all think Whitby, who still is a major shareholder and the Chairman, would have got Jocot out there doing that....

    Secondly, you say "nido is now just another ordinary oil producer waiting for the big bang which may or may not come." Im not sure if I agree with this statement as there are not many, if any, other junior oilers that are sitting on potentially 11billion barrels and are oil producers with 2 more wells going online within 6 months.

    Fully appreciate your view but if I have missed something I would be grateful to be filled in, as I just dont see the justification for those statements.

    But each to their own and for those that believe this company has the potential to go places, hang in there, those that dont, get out.

    Either way, hope it all works out for everyone
 
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