This is my last post on this thread as a non holder.
Nido is neither cheap nor expensive atm. Its probably fairly valued given the environment and all the negative macro factors.
Hopefully when the oil price goes up (and it will eventually) so will Nido's share price.
Finally, dont expect the share price to explode once the market conditions change. 95% of other stocks are in a similar situation.
ps. I dont want to upset my old friends anymore:)
warning...oil may fall to $20, page-23
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Last
92.0¢ |
Change
0.020(2.22%) |
Mkt cap ! $209.8M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 92.0¢ | 88.0¢ | $139.9K | 156.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55739 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 1270 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |