While I think that a merger between OEL and NDO would be a good thing, it would involve the execs of one of the companies basically losing their jobs and I cannot see that happening.
The larger OEL holders appear to be stronger shareholders. A combined group, with perhaps some more capital on board on top, would have a lot more grunt I must say.
distressed, page-4
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $52.74M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $9.083K | 814.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 8396338 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1016217 | 6 |
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| Last trade - 13.05pm 10/09/2024 (20 minute delay) ? |
| OEL (ASX) Chart |