re: maybe i was wrong????? arya - that was my initial thinking and still might well be the real story. I had hoped for at least a farm-in that recognised NDO's contribution to Galoc and maybe an increase to AT LEAST 30%? Not to be it seems - and this might be a reason for a selloff? On the other hand however - maybe beter to get 22% of something than 30% of nothing?
Based on the Team Oil and Granby Enterprises websites tonight and Nidos other focus in the North Sea and Cool Energy etc... and the 'Whitby' factor I might give this one a bit more room to breath.
I know - some will say easy for me to say as a long term holder and harder for recent buyers to cop a loss. Still money down the toilet if I am wrong in giving them some latitude.
Do your own research and don't follow me.
good news re: galoc, & answer galoc questions, page-26
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Last
77.0¢ |
Change
-0.010(1.28%) |
Mkt cap ! $175.6M | |||
| Open | High | Low | Value | Volume |
| 78.0¢ | 78.0¢ | 75.5¢ | $14.90K | 19.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3783 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 6000 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| NDO (ASX) Chart |