ml bond issue Im amazed no one here has focussed on what an extrodianary event this is..... 'USD22m , UNSECURED and Unsubordinated' .... Ive never seen anything like this level of lending to a junior oiler on such seemingly risky terms by a major insto .... It either shows a huge leap of faith in Galoc , or there is more to the Nido story than the general market knows , ...or both !
As for the recent selling being linked to the bond issue , I dont think ML held NDO in the first place , but it is possible , and the debt is not subordinated so it cant be another holder hedging ...imo.
Having worked for a couple of major banking insto's in a previous life I just cannot see how this deal got banked ...anyway ,,, very interesting , and a huge coup for Gillian Evans et al ;)
SALTY
- Forums
- ASX - By Stock
- NDO
- ndo npv calc
ndo npv calc, page-32
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
(20min delay)
|
|||||
Last
84.0¢ |
Change
0.005(0.60%) |
Mkt cap ! $191.5M |
Open | High | Low | Value | Volume |
83.5¢ | 84.0¢ | 83.5¢ | $5.877K | 7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1200 | 82.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.0¢ | 24767 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1200 | 0.825 |
1 | 8000 | 0.820 |
3 | 6871 | 0.810 |
1 | 7700 | 0.805 |
3 | 20750 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 24767 | 1 |
0.890 | 3969 | 1 |
0.970 | 10000 | 1 |
0.990 | 5000 | 1 |
1.090 | 50000 | 1 |
Last trade - 11.05am 30/09/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |