NZ Oil & Gas (NZO)

**Billy Boy** · 23-09-2009, 04:20 PM

Originally Posted by Nita

11 hundred or 11 thousand?

Interesting views. People are looking shaky out there or at best very uncertain. One thing is for sure, no can can accurately predict what will happen.

Quite right Ntia
Sept, end of 2nd quarter investments are comming in,
October

I got spare cash and I'm not too sure where to put it.
Any suggestions ??
Dont be rude !!!
Cheers BB

**blockhead** · 23-09-2009, 04:22 PM

Put it back under tha bed where ya got it from BB, very safe there.

**arjay** · 25-09-2009, 07:27 PM

Anyone spot that gas field to the west of Kawhia on the map in the shareholders report? A typo right ..........?

**shawsie** · 28-09-2009, 09:21 AM

so the start of the second week following div record date,

was the sp suppressed last week by extra shares taker-upperers ...

or sold down by cash hungry cheque takers ...

or a normal market reaction to the fall in poo?

anyone want to take a punt?

**digger** · 28-09-2009, 09:53 AM

Originally Posted by shawsie

so the start of the second week following div record date,

was the sp suppressed last week by extra shares taker-upperers ...

or sold down by cash hungry cheque takers ...

or a normal market reaction to the fall in poo?

anyone want to take a punt?

The answer as i see it to your first question is both a small yes and no. There is no advantage of taking shares in lue and selling to depress the SP. What you gain doing that you have already lost. Where the YES comes IMHO is that last week all the share takers up as you put it certainly would be out of the buying market for last week.This week they will return so i would expect the SP to finish the week up about 5 to 10 cents given a normal week and the world does not fall apart as it often does these days.
The second question is opposite the question it asks. If they are cash hungry they have a very good need for the cash and will not be buying NZO which they could have had in the first place.Trying to do this is another example of losing as much as you hope to gain.Given a rational invester [if you can find one]i would not expect anyone would do this.
Your third question IMHO is spot on. NZO does seem to go up and down with the POO and the world current and ever changing finanical outlook.Watch the weeks event in IRAN.
Cheers

**shawsie** · 28-09-2009, 10:15 AM

yes iran looms large, that will put a risk premium floor under poo this week I would have thought, whatever US inventories and the like do.

the day jean-paul satre died, a history lecturer said in jest,

"satre spent his like denying the existent of god. well today, god denied the existed of satre."

replace satre with iran and god with israel and what do you get..?

**boysy** · 28-09-2009, 10:20 AM

ppp in trading halt pending a material announcement could have quite the impact on nzo sp

**shawsie** · 28-09-2009, 10:34 AM

no halt on nzo, quick readers in for some arbitrage?

**Snapper** · 28-09-2009, 10:36 AM

Just got my voting papers in the mail, nothing too out of left field but I was interested in the 2 new guys putting themselves up for a director's seat. Does anyone know anything about these two (Mr AA Dick and Mr PD Grogan)? T

heir chances of getting a seat on the board resemble a snowball's chance in hell but I always think its a good idea not to just rubberstamp everything the existing board says.