From an analytical point of view nido is not out of the woods yet. It has once again hit that resistance line of 20c. I know this doesn't have much bearing on reality and how much oil they are going to flow but if this weeks announcement doesn't kick it well over the 20c mark then it's very likely the sales price will fall back down to the 14-16 cent mark.
I don't have a position at the moment but if I did I would be selling right now and buying back after the 20 cent mark. Just my 2c worth
timeline , page-68
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Last
86.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $196.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23075 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 24820 | 1 |
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| Last trade - 09.36am 23/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |
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