I don't know what all the fuss is about either, KIK being short of cash somehow translates to a Nido problem, which clearly it isn't.
Further, the concern about the price of oil. Nido are amply on record factoring oil as low as US$40 a barrel, yet operating costs and marketing expenses are fixed at $10.50, which translates to a lot of profit for Galoc. Indeed they expect their share of Galoc will be US$100m, with costs taking up about a quarter of this.
And as for $25 oil - in your dreams. This is the stuff headless chooks prattle on about. Maybe $50 for a very short period of time, then we will witness a production squeeze.
I think the irrationality of a bear market is truly an amazing spectacle, fables to suit a given occassion, such as this, are woven in an instant, facts become meaningless, and fear inspired goose bumps stand out like a beacon.
- Forums
- ASX - By Stock
- NDO
- re kik announcement out
re kik announcement out, page-53
-
- There are more pages in this discussion • 1 more message 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
85.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $193.8M |
Open | High | Low | Value | Volume |
85.0¢ | 88.0¢ | 85.0¢ | $123.7K | 145.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 212002 | 85.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 29650 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 212002 | 0.850 |
1 | 100000 | 0.810 |
1 | 62111 | 0.805 |
1 | 40500 | 0.800 |
1 | 663 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 29650 | 1 |
0.885 | 34219 | 1 |
0.900 | 18330 | 1 |
0.970 | 19999 | 2 |
1.050 | 115000 | 2 |
Last trade - 15.59pm 10/07/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online