punt price ??, page-13

I don't understand interest in a stock not owned. Unless the intention was to buy :) NEN is pumping oil out of the ground and increasing production. Currently making a loss ! Increasing production successfully to compensate. It has no debt !! They are also exploring, sometimes this will be unsuccessful. All I can say is go back 10 years and look at their share price. This is the lowest it has ever been !

I bought on close after the 75% fall. Obviously not taking a huge risk in the process. It all depends on the emotional state of the people still holding the shares. Not the value of the company.