Merle,
You are better off selling out and getting out at 5.5c.
While NDO would be more valuable to shareholders as the cash cow you suggest it would never happen. Management of these little oil companies always pour the revenue from sales down wildcat holes because it is in their interest to do so.
They benefit from salaries and capital appreciation. They have no skin in the game so don't care about dividends.
bacci
BRR..rubbish, rubbish, rubbish, page-5
Add NDO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
77.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $176.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 6000 | 1 |
View Market Depth
| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| NDO (ASX) Chart |
Day chart unavailable