I see Nido's evolution as following a similar path to Hardman. Yes they will JV with a major, a major is likely to take a significant shareholding in Nido and ultimately I see Nido being taken out lock, stock and barrel by the same major. When is the million dollar question. If there is anything like that amount of oil as being touted then the majors are going to want it on thier books not some sub billion market cap up-&-junior.
nido blast off, page-6
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Last
88.0¢ |
Change
0.050(6.02%) |
Mkt cap ! $200.7M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 88.0¢ | 83.0¢ | $2.385K | 2.711K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45839 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 7297 | 2 |
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| Last trade - 11.29am 23/08/2024 (20 minute delay) ? |
| NDO (ASX) Chart |