Revenue down 21%, Pretax profits down 44% YoY following their 9 months result yet the rally continues.
This is what we call Flock Trading.
Oando stock up 68 percent in a month as investors buy upstream story
Nairametrics
Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.
Comments 2
Leave a Reply Cancel reply
I read the article and I still wonder, would it be wise for one to buy Oando at this time? Do you think it’ll rise or it’s a mere bubble that’ll burst soon?
Its rise or fall will depend on its ability to pay for the ConocoPhillips deal