NDO 0.00% 9.8¢ nido petroleum limited

is it so good

  1. 86
    2,277 Posts.
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    Looking back at the range of the SP for the previous 12 months it's clear that the market valued NDO quite differently and at a higher level (mid 30c range),then a steady decline with relentless selling forced the price down to 10c in spite of finally linking up Galoc and also two successful wells.
    So it seems that either the earlier valuations were cloud nine numbers or the current deflated price is due to match or exceed those earlier levels (it is still less than half price atm).
    I think the latter.
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