NEO nuenco nl

significant, page-13

  1. ds
    7,131 Posts.
    re: i am sooo confused If I was worried about it going down I would definately choose OPL - they have nuch wider exposure and cash backing. NEO's market cap. is 20m of whic you have to say at least 15m is the joint exposure - they rest may be a bit of cash, tax losses and BUY shares. If that is all OPL can thoretically lose then they might lose about 10c if it all falls in a screaming heap (prob over react though). I would normally chose NEO but the ownership spread keeps it from really running and after the gas flow rates come through everyone will be talking about the deeps and OPL has a bigger slcie of the pie which offsets a little of the market cap difference.
 
watchlist Created with Sketch. Add NEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.