Would it make any sense for NDO, post a restart at Galoc, to take a share of Cadlao for cash and RAI to use that cash to help fund the aquisition of KIK's farm out in SC54?
That would spread risk for RAI,broaden the shallow water portfolio of NDO and push KIK to one side as an impediment.All without diluting NDO, RAI losing its identity and giving KIK s/holders something to look forward to. It would be a win/win.
nido petroleum keeping mum on raisama takeover, page-25
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Last
88.0¢ |
Change
0.025(2.92%) |
Mkt cap ! $200.7M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 89.0¢ | 85.5¢ | $28.94K | 32.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3908 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 18330 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |