All i know is at 3c Market Cap is $60Million and is earning 45-50 Million for the next 3 years. Thats a PE of approx 1. How many other compaines are pulling in 45-50 Million trading at a market cap of 60mill.
Phil Byrne is a legend he has basicaaly set the company up with 4 Holes for an outlay of $10million. if any one of these holes hit oil the share price can easily tripple depending on the amount of oil found.
I'm difentely a buyer at this level. No seller can spook me as they are selling a very under valued stock!
read the edison report released a few days ago. Edison rate the core nav of NDO at 5.1c. This has no allowance for any success case in its planned fully funded exploration drill holes. If NDO hit oil then Edion estimate a range from 7.1c through to 17.1C.
share price, page-4
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Last
85.0¢ |
Change
-0.003(0.29%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 86.8¢ | 85.0¢ | $75.81K | 88.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 605 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 2424 | 1 |
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| Last trade - 15.25pm 14/10/2024 (20 minute delay) ? |
| NDO (ASX) Chart |