NZO 1.37% 36.0¢ new zealand oil & gas limited

big fall in price , page-3

  1. 5,784 Posts.
    This one has fundamentals going for it. It has been the best growth story in its sector in financial measures over the past 2 reporting periods - do some research.

    Nothing wrong with low volume stocks when the financials and outlook is top in their sector. Authors of TA books that are too lazy to do fundamental research talk about low liquidity stocks as a no no. They talk out of their backsides.

    Examples? Look at charts of these AS JUST A FEW and their sectors and then look at and consider their 'pathetic' daily volumes and then think about it - I urge everyone to do it and then ask yourself "why did they go up that much"? I know why and it isn't rocket science !!! If you want to know then ask and I will tell you.

    A lot of (if not most !!!) the best performers in terms of financials/fundamentals and price appreciation in every sector have low volumes.

    WAT - Consumer Durables and Apparel / Leisure products

    GAP - Consumer Durables and Apparel / Textiles

    GUD - Consumer Durables and Apparel / Household Appliances

    SAQ - Hotels Restaurants & Leisure / Leisure Facilities

    FAN - Retailing / Specialty Stores

    ABB - Food Distributors

    SHV - Agricultural Products

    NZO - Oil Exploration & Production

    TRG - Asset Management & Custody Banks

    HHL - Asset Management & Custody Banks

    EZL - Investment Banking and brokerage

    DUI - Multi Sector Holdings

    COU - Specialised Finance

    PRY - Health Care Services

    KOV - Building Products

    HNG - Industrial Conglomerates

    COS - Trading Companies & Distributors

    CCP - Diversified Commercial Services

    CRU/CND - Employment Services

    NBL - Retail

    and many many more... these are JUST A FEW in some sectors.




 
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Last
36.0¢
Change
-0.005(1.37%)
Mkt cap ! $83.98M
Open High Low Value Volume
37.5¢ 37.5¢ 36.0¢ $821 2.235K

Buyers (Bids)

No. Vol. Price($)
1 2 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 31606 2
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Last trade - 11.34am 15/07/2024 (20 minute delay) ?
NZO (ASX) Chart
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