NDO 0.00% 92.0¢ nido education limited

who is dumping all these shares?, page-9

  1. 473 Posts.
    As per NDO's presentation, What they have said the total resource of SC54, SC58 and SC63 is 11.4b bbl (excluding SC141). Is that true? This is huge.

    If that is true, with NDO average holding is about 50% which means it has about 5.7b bbl. Of course this is resource, say P50 of this amount is 1.9b bbl. With the IGV of $3 per bbl = $5.7b

    The sp = $5.7b/1.08b sh =$5.3/sh

    Wondering why NDO's sp has not gone up yet, still moving around <$0.2 ???

    Can anybody enlighten this? and perhaps someone can put up your sp estimate and it will be very helpful to cross check what will be reasonable sp

 
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