The answer to all those who are not sure why NDO is a buy then read the announcement dated Tuesday 6th May 08.
After reading this announcement, and you cannot understand, cannot make or see the future of NDO, are unable to look into the future, are not educated in the art of foresight and dont believe in NDO's management , then dont worry about the Market cap of NDO, go and ask yourself how a company can have a market cap of 26 Billion and had not until the other day , sold any product? Never made a cent in its life. Once you have answered this question and see how investors see the hidden value, even the BIG BOYS at the BIG END of TOWN, are short in FMG's stock.
It takes a lot to see hidden value, and for those that do ,will be rewarded many times over.
There lies the Huge risk. And at times you can get it very wrong. Thats what makes investing in shares exciting!
Happy Investing
k
price estimation increase, page-6
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Last
86.0¢ |
Change
-0.020(2.27%) |
Mkt cap ! $196.1M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.0¢ | 86.0¢ | $14.85K | 16.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23075 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 15.40pm 22/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |