According to my maths, there must be a link between NEO, NEOO and OPL (able to be calculated with some precision).
1. If NEO is only worth 4.8 then NEOO should be trading at 0.2c
2. However, if NEOO is worth 2.4, then NEO will eventually reach 7c
Which is it? I am hoping for #2
Similarly, OPL and NEO should track almost identical paths while JH1 and JH2 are the dominant stories in both. Either the market thinks there is oil and gas there in commercial quantites, or it doesn't.
However, OPL is drifting in comparison to NEO over the last few days. Why? Perhaps day trading of the cheaper stock is dominating the movement, pending a real announcement.
PS : I hold both and believe the probability for good news is greater than the likelihood of failure to get a result.
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