Hi Folks
If the sentiment is down its because the market 'wasn't' expecting it...whatever 'it' is..
'If' NDO clearly planned to be around these levels re production and days out of production, the market would have taken it in its stride; "Yep, as forecast the company got it right..etc.."
It hasn't.
Communication needs to be clear. No we don't expect them to be right 100% of the time...of course not.
We do expect them to be right 100% of the time re 'guidance' though ;)
In this day and age COMMUNICATION to the market is important. Perception is VERY important.
Accountability is paramount.
NDO has done some great things. But theres a majority of companies, particularly small ones, that have so much to learn about clear effective communication that clearly delineates issues ...and potential issues...before they arise and 'surprise' the market.
This doesnt always mean sentiment will stay strong. It does mean though that confidence by the major shareholder base will remain sound.
NDO is still dealing with some 'ghosts' it needs to shake off....thats the market perception i'm talking about.
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Last
82.5¢ |
Change
-0.010(1.20%) |
Mkt cap ! $188.1M |
Open | High | Low | Value | Volume |
83.5¢ | 86.5¢ | 82.5¢ | $330.5K | 398.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11658 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.5¢ | 1001 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11658 | 0.820 |
1 | 1000 | 0.810 |
1 | 3800 | 0.805 |
2 | 8450 | 0.800 |
1 | 663 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.825 | 1001 | 1 |
0.830 | 11943 | 1 |
0.870 | 8700 | 1 |
0.880 | 2000 | 1 |
0.900 | 15000 | 1 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
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