Mreye2,
Agreed. Fundamentals mean nothing today and propbably for a little while longer.
All that we need to know is that NDO is cash producing, oil is flowing, as long as oil stays above $20/barrel we are in the money (which it certainly will - imo, it will spike hard early next year), 100% success rate with 2 from 2 wells - gives more and more credibility to the potential 11billion barrels in place, strategic partner will be annoucned within a month which no doubt will ensure the drilling of the elephants will be brought forward and last but not least with the collapse of the AUD we are still sitting on AU$102/barrel oil.
As we all know fundamentals are not in play at the moment but as always they will fall back into place at which time we will see NDO run, imo. IN the mean time I am buying up with a smile.
DYOR
Mreye2,Agreed. Fundamentals mean nothing today and propbably for...
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Last
88.0¢ |
Change
-0.020(2.22%) |
Mkt cap ! $200.7M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 89.0¢ | 88.0¢ | $51.60K | 58.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 89.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 18199 | 1 |
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| Last trade - 14.56pm 25/06/2024 (20 minute delay) ? |
| NDO (ASX) Chart |