ok ill be honest usually i wont touch plays with billions on...

  1. 11,118 Posts.
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    ok ill be honest usually i wont touch plays with billions on issue... but I have been slowly buying NWEOBs for a little bit...

    mainly due to

    1.the sentiment in the perth basin, and its track record
    2.overall sentiment in commoditys
    3. MIN have about 16% of the co (was 19% but diluted)

    so while I might say today is not the buying day and I think you may be able to get cheaper... on the other hand it may just continue its re rate...

    IMO atm fair value is somewhere around 40-50mil... and that goes much higher as 2021 progresses...

    target of 250odd + pending what happens...

    anyway im on leave next week so ill catch ya starting the 18th..

 
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