cmon guys, oil up 3%, dow up 2%, and NDO creeps up .5c. Ooooh, must be something happening...
Maybe take a bex, and have a lie down.
The share will move - especially with (hopefully) some major sellers removed from the equation.
Once again we find ourselves in the position where a (kind of) producing oilfield is not priced in - the SP seems to be based on TIndalo producing 5000bbl/day (breakeven)
You will get your bounce as soon as the field is producing, and going to produce continuously, at least 8000bbl upwards.
Every 1000bbl/day equals 1000*.42*.$75/bbl= $30000USD/day. Which is nigh on 3million a quarter at 100% producion (see thread re storm in phillipines)
Bring it on!! (not the storm, the production!)
cmon guys, oil up 3%, dow up 2%, and NDO creeps up .5c. Ooooh,...
Add NDO (ASX) to my watchlist
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Last
85.5¢ |
Change
0.005(0.59%) |
Mkt cap ! $194.9M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.5¢ | 85.0¢ | $96.28K | 113.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23000 | 85.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 29650 | 1 |
View Market Depth
| Last trade - 15.00pm 11/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |