NDO 2.22% 88.0¢ nido education limited

call in your ious ... a blessing in disguise

  1. Jef
    369 Posts.
    Amazing stuff, and I like a fair few others have taken a HUGE 'paper' loss vs. the 50-64c values - but how can it not come back once the market re-gains sanity?

    Some wiser punters have correctly noted:

    - there are more powerful macro factors dragging down NDO's
    price at the moment, but not NDO's fundamental value !

    - margin calls and insto's have forced some hands

    - day/minute-traders are more active than ever in churning
    for minor cent gains

    - pessimism and emotional sells have picked-up intensity

    Botton-line: the oil is there, more than before (i.e., at 50c+), and NDO is an extreme bargain ... it may go lower, but after this momentary lapse of reason there's only one way its heading !

    But, for those that have had to sell and face the red, I do understand the frustration ... and it was probably me
    that bought :)
 
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2 10900 88.5¢
 

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90.0¢ 28330 2
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