NDO 0.00% 88.0¢ nido education limited

galoc reserves upgrade, page-5

  1. 9,232 Posts.
    lightbulb Created with Sketch. 742
    The reserve upgrade doesnt change the fact the field is declining. I Mean really any one in the know knows you dont depleat a field 70% and have it still pumping at 50% of the original level. A upgrade was always on the cards it doesnt change the fact that to get production up many 10s of millions of $ will be required to keep production at or above these levels heading into the future. Where is nido going to get its share of cash ? Plan A was Tindalo would bankroll everything which failed . Plan B is Gindara will fund everythign going forward ? Plan C hit shareholders for more funds. I know which option i would put my money on this is nido at the end of the day.
 
watchlist Created with Sketch. Add NDO (ASX) to my watchlist
(20min delay)
Last
88.0¢
Change
0.000(0.00%)
Mkt cap ! $200.7M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 25000 86.0¢
 

Sellers (Offers)

Price($) Vol. No.
88.0¢ 66599 1
View Market Depth
Last trade - 16.12pm 19/07/2024 (20 minute delay) ?
NDO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.