NZO 0.00% 39.0¢ new zealand oil & gas limited

Hard to disagree.Solid business based on existing fundamrntals-...

  1. 8,260 Posts.
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    Hard to disagree.
    Solid business based on existing fundamrntals- check
    Potential 5-10 banger - check.
    The only reason I wouldn't throw the kitchen sink at it is because the low COS, but hopefully this an underestimate given BP have decided it is worth the risk despite not showing a great appetite for drilling offshore in Oz. I.e. something must've sparked their interest.
    A pretty compelling proposition as part of a diversified portfolio though.
    Last edited by invertedva: 01/10/20
 
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