Oando’s Market Value Drops To N634bn Despite Strong Fundamentals

Investors have priced Oando Plc’s 12.431 billion outstanding shares at N634 billion amid weakening market sentiment, despite the company’s strong financial performance and improved fundamentals. Trading data from the Nigerian Exchange (NGX) shows that Oando’s stock has been retreating from the highs that delivered a remarkable 508% capital appreciation for shareholders in 2024. However, investor … Continue reading Oando’s Market Value Drops To N634bn Despite Strong Fundamentals