Hi 62strat,
"Looks like the seller doesn't want to unload any more at this level."
Current SP, 4 or 4.1c is only 1/3 of the fair value 12c/s.
I found NDO is significantly undervalued expecially compared with any other ASX listed energy stock. If anyone can find another stock to compare, plz let me know I would be very pleased.
The Galoc oil field-22.8% = Usd$32-35+ million (refer to OEL deal)
Cash on hand = $20 million
Already=$52-55Million
Already = 4c/share.
So the market values the following
"the significant potential value in NDO exploration portfolio – which has the potential to hold up to 24 billion barrels of oil equivalent (gross mean hydrocarbons in place, unrisked)"
AS ZERO!
2 billion bbls prospect AS ZERO
3 billion bbls prospect AS ZERO
45MMbbl prospect AS ZERO
66MMbbl prospect AS ZERO
1TCF+ gas prospect AS ZERO
re-development oil field which has produced 8MMbbl before
AS ZERO.
JV with Philippine National Petrol company
AS ZERO.
Another 2 wells development programm
AS ZERO
Galoc stage II --could be larger than Galoc itself
AS ZERO
I will write another post to explain why NDO's fair value is 12c, but to be honest, I would rather buy more shares at current SP level.
- Forums
- ASX - By Stock
- NDO
- double bottom?
double bottom?, page-4
-
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
(20min delay)
|
|||||
Last
82.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $188.1M |
Open | High | Low | Value | Volume |
83.5¢ | 83.5¢ | 81.0¢ | $78.23K | 94.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1661 | 82.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1661 | 0.825 |
2 | 4871 | 0.810 |
1 | 7700 | 0.805 |
1 | 7500 | 0.800 |
1 | 5000 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 100000 | 1 |
0.850 | 12962 | 1 |
0.880 | 6000 | 1 |
0.890 | 6612 | 1 |
0.900 | 500 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |