NDO 1.94% 79.0¢ nido education limited

well, there is oil... there is seal, page-16

  1. Osi
    16,968 Posts.
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    Hi Redjar

    Yeah ... there are a lot of people without 6 figure incomes or 7 figure net worths that go heavily overweight on high risk plays (and derivatives) that they don't understand. My unlicenced advice to anyone is not to put too many eggs in one basket .... but then each of us has a different risk tollerance and neede for a thrill ride.

    Post Tindaloo, I also thought there would be more of a shake out ... but we should consider a very red market today with the bear not loosening its' grip any time soon IMHO.

    Regardless, a commercial result on this (or any similar play) should be able to sail against the wind, particularly as POO is supported by supply issues and money printing in the very long term.

    cheers



 
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