As we know, we have 2 brokers' valuations on Nido.
19c (DJ Carmichael) and 25c or 30c (Southern Cross). SC's is unconfirmed at this stage.
I suspect Carmichael are re-evaluating Nido given that they obviously have undervalued Nido.
In any case Carmichael's clients are ecstatic. I also suspect that SCE's clients would be stockpiling whilst the price is still cheap.
I also imagine the top 20 Nido holders would be doing likewise.
I personally have revalued Nido's xmas05 price and have upgraded the price from 19c to 36c. I have based this figure on upcoming positive announcements in the North Sea and offcourse market sentiment.
brokers valuation
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Last
90.0¢ |
Change
-0.020(2.17%) |
Mkt cap ! $205.2M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 90.0¢ | 90.0¢ | $13.02K | 14.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 504 | 1 |
View Market Depth
| Last trade - 11.46am 06/06/2024 (20 minute delay) ? |
| NDO (ASX) Chart |