I like that line; "Buy the companies you understand".
When you consider that all the independants would sell out if the price was right to "increase share holder value" it really is not so suprising that Nido never had any intention of ever operating an oil field, or in fact of producing the first barrel of oil. Galoc was never meant to happen, it was just unfortunate that the only interest they could get was from Vitol rather than a company who would take it off thier hands completely. And look what a pigs ear they have made!
So as long as you understand their philosophy, why not trade Nido shares?
Been watching from above for a long time, now soaring over different skies.
I like that line; "Buy the companies you understand".When you...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NDO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
85.0¢ |
Change
-0.040(4.49%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 89.0¢ | 81.0¢ | $100.6K | 116.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43592 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 22922 | 1 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| NDO (ASX) Chart |