"galoc 2 is going very well, and to quote our CEO (galoc2is a game changer)cheers Tom."
That may be so Tom, but NDO has run quite hard on potential Galoc news, and combined with somewhat lukewarm news on West Lincapan, is starting to stretch its fundamental valuation somewhat. It would take a strong reserves upgrade from Galoc for it to press on to the next level.
If you look at a chart of NDO and a chart of OEL for the past few months and factor in the positive Galoc news, initially NDO rallied more strongly on Galoc news in terms of its market cap than Otto did. NDO is having a bit of a breather now while OEL has played some catch up by getting through to 10.5 or thereabouts.
NDO has gone from 3 to 4.4, which is a 46% increase. Market cap is now $90M for 23% of Galoc.
OEL has gone from 9 to 10.5, which is a 17% increase. Market cap is now $120M for 33% of Galoc.
NDO currently has a higher valuation on Galoc in its share price versus Otto. If you are viewing it purely on the Galoc news by way of the market caps of both companies, NDO is due a breather.
- Forums
- ASX - By Stock
- NDO
- hard to fathom
hard to fathom, page-16
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
(20min delay)
|
|||||
Last
86.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $196.1M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30395 | 86.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 24820 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30395 | 0.860 |
1 | 55739 | 0.850 |
1 | 4000 | 0.810 |
1 | 62111 | 0.805 |
1 | 40500 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 24820 | 1 |
0.900 | 20000 | 1 |
0.970 | 19999 | 2 |
1.050 | 115000 | 2 |
1.090 | 50989 | 2 |
Last trade - 10.06am 24/07/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |
Day chart unavailable
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online