so..... where's the bottom?.....

surprising weakness in NDO share price given the announced program for oil discovery. Also not really picked up by brokers it seems..... and it's bullsh!t to say they aren't fully aware of NDO 'prospects'. So that simply indicates there's still a lack of conviction about NDO's future plans, or that it's gonna take a lot more money than NDO has to develop them. Then there's the time factor. No black stuff until the end of next year....

Putting it all together it's not so surprising then that the sp has retreated to the 11-12c mark. My guess is it will stay there without any further rise for quite some time. Even though there are a few newsworthy items to be followed up within the year, I'd guess they won't push up the sp too much.....

I suppose there's some scope for improvement in sp, but the bigger picture suggests one of slow progress or sideways for quite a while.

I'm waiting for 11c or lower to be hit.

..... and for NEO fans, more disappointment I think. It's totally stalled thanks to OPL.