with the price of oil now pulling back, what will happen with Nido's share price..????
one just goes through the Nido thread and you see the same old "blah,blah,blah"..it's not unusual for some companies to be undervalued. it happens all the time "worldwide". especially when management screws things up, people aren't going to put their hard earned money into a sinking ship.
we'll just have to wait and see if Nido can turn things around over the 12 months..
this new CEO is really carrying the weight of the world on his shoulders..unfortunately for him the market still remembers the past 2~3 years.
have a look around other Energy companies are flying, whilst Nido can't get out of first gear.
the only thing that will get Nido out of this rut "drill a succesful well and put it into production without any drama's"..
..
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