As we all know Nido have a habit of over promising and under delivering. And we are seeing the affects again now. Look what happened when they announced the MOU with viking , a good sp spike then buyers took a good look and thought , wait a minute. Let's see if anything comes of this first. Here we see it again with the supposed Baragatan drill and the Linipacan reserves. A timely announcement prior to the agm saw a good sp rally only to be sold into as no faith that it will happen. It's just the same old same old. Yes, Len. I have been saying ever since Mr 20% came on board that this is a golden opportunity for him. I can't believe he has been so laid back with his investment and there is only one explanation for that. He's done it all before and if Linipacan reserves come in with anything favourable then this is a sitting duck.
If 2.5 breaks today I see next support at 2.1. Sad. IMO only.
drill bit is turning, page-8
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88.0¢ |
Change
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Mkt cap ! $200.7M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 89.0¢ | 85.5¢ | $28.94K | 32.94K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3908 | 88.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 18330 | 1 |
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