NDO 0.61% 82.0¢ nido education limited

announcement out, page-3

  1. 3,209 Posts.
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    Sheesh, we just can't seem to take a trick these days.

    I'm pretty sure the market isn't going to like this announcement too much at all. More dilution will not be looked upon favourably imo.

    I may be wrong, but reading between the lines, it seems to me that the faith meter regarding a successful Tindalo workover is looking a little weak. So we (NDO) had better raise some cash in the event that we move to Yakal sooner rather than later. I certainly hope I'm wrong but I'm getting that feeling traders.

    I tend to agree Yeppa. Probably better to get it out of the way now and hit the ground running in 2011.

    Looks like I'm sitting on my shares for some time yet and at least until Gindara is drilled. If we ever needed a drilling campaign to work, now is it.

    Back to grindstone for me.

    DYOR and good luck to those on board.
 
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