Some analysts still think NZO is a good proposition.
http://www.nbr.co.nz/article/nzog-ce...tner-wb-143313
Quote:
Shares of NZOG last traded unchanged at 83 cents on the NZX and have declined 5 percent this year. The stock, which has shed 50 percent of its value in the past five years partly reflecting the failure of the Pike River Coal mine, is rated a 'buy' based on the consensus of six analysts polled by Reuters, with a price target of $1.