NZ Oil & Gas (NZO)

**Getty** · 25-09-2020, 10:05 AM

I would like to share the optimism re Aussie listing.today.

My gut feeling tho, is the reaction could be;
Fair suck of the sav mate, do you Kiwis really think you can come over here & gas up our market?

It could take Cue down a bit, which would be a double edge sword for NZO,

All this will be very short term tho.
As always, there will be a large pool of cash that wont be put on the table until drilling actually commences.
Then some media coverage to a wider audience, not just us party faithful, of the true potential & value of this well, then the rocket will launch, & some will be asking them selves , why did I not buy more, and why did I sell so soon, like now.

**mistaTea** · 25-09-2020, 10:27 AM

Originally Posted by Getty

I would like to share the optimism re Aussie listing.today.

My gut feeling tho, is the reaction could be;
Fair suck of the sav mate, do you Kiwis really think you can come over here & gas up our market?

It could take Cue down a bit, which would be a double edge sword for NZO,

All this will be very short term tho.
As always, there will be a large pool of cash that wont be put on the table until drilling actually commences.
Then some media coverage to a wider audience, not just us party faithful, of the true potential & value of this well, then the rocket will launch, & some will be asking them selves , why did I not buy more, and why did I sell so soon, like now.

Yeah I am not sure anyone should be expecting the SP to rocket up to $1 today just because the ASX listing goes live.

I think the ASX listing will be a net positive - but interest in NZO (and a corresponding increase in quoted value) will increase steadily as we approach the drill, and then hopefully some more once drilling starts.

We could be as little as 3 weeks away now!

**Lion** · 25-09-2020, 11:11 AM

The first buyer has just appearred on the ASX, wanting 35k shares at 65c. Hmm, too early to draw anything from that.
Yes, Getty, I think the excitement is yet to come (and SP increase)!

**Boffin** · 25-09-2020, 11:37 AM

Originally Posted by Lion

The first buyer has just appearred on the ASX, wanting 35k shares at 65c. Hmm, too early to draw anything from that.
Yes, Getty, I think the excitement is yet to come (and SP increase)!

Just me trying to double my holding....

**Boffin** · 25-09-2020, 12:18 PM

It will be hard finding any sellers on the ASX. My holdings were transferred from Computershare AU to NZ back in 2016. After a week, I am still waiting for a reply from them about transferring the shares back again. Good job I don’t want to sell them..... probably be the same for all other Oz holders !

**Davexl** · 25-09-2020, 12:35 PM

Thought there might be a bit more interest on the ASX? Looks like Digger was right...

Looks like the company profile could do with an update to mention Ironbark
with maybe a company announcement on Ironbark, similar to the recent NZX one...?