There is definately something cooking. After using my paitience, wait and hold technique, it looks like the smart money likes nzo and especially ppp.
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There is definately something cooking. After using my paitience, wait and hold technique, it looks like the smart money likes nzo and especially ppp.
Time to reflect again on the statement made by Salisbury about the Board's ambition to grow the company through aquisition.
acquiring Swift's Rimu assetts would make sense if NZO is contemplating some of the on-shore blocks on offer.
Its all speculation what NZO might get up to. The sp should by fundamental standards be much higher than it is at the moment. NZO should have its highest sp ever at this moment in time. Its definately has not been a zombie buy and hold share over the last three years, but previous to that had an excellant run. The only people to make money over the last three years has been the traders who were smart enough to get out near the top. The question is will they look after the shareholders or wont they?. My view is they will spend the lot in further oil exploration keeping the trough nicely filled up as long as they can for them selves.
We all know what they have got, which is not an accurate reflection on the sp, which is to low for what it is, simply because of investor distrust. I would say the options wont be worth converting, the company no longer requires the money. New exploration and results will take years to eventuate, you are investing in the share price rise and fall only at the moment. They will buy in to new ventures with the profits you lot are only a means to the end, thats the harsh reality of any oil explorer. Macdunk
Righto Mcdunk. I've got another child on the way and want to test your theory. I'm going to buy them a chunk of NZO when they are born with firm instructions that this is a 21st present. In 21 years time they are either going to call their father a silly old man or spend many hours pondering over where I got my wisdom from.
Only if you latch on or as i said to the apprentice boy IF YOU DONT STOP RUNNING ROUND IN CIRCLES I WILL NAIL YOUR OTHER BLOODY FOOT TO THE FLOOR. Some of the people Strat turn it into a personal insult to say anything about the company. See you sat at the social it should be fun, i expect an earbashing from a few NZO deciples. Macdunk
C-MON you guys you will have NITA scared to front up with all this talk. I will be there to face the music nothing like a santa bag with a lump of concrete in it to defend yourself. The only problem is i dont beleave in make beleave might delegate the santa job to my mate STRAT. I have arranged with my loved one to drop me off and pick me up at 8.30 after we go to a third birthday party lunch in whangarei. Looking forward to playing PASS THE PARCEL with my NZO friends so might bring my violin along to get you all in a good mood. Macdunk