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1.76% 86.8¢ nido education limited

galoc valuation ?, page-28

  1. p1000
    1,012 Posts.
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    20/06/11
    17:51
    Post #: 8562741
    I hope NDO bounces at least a little - OEL comparison is valid...

    KIK - 100mm market cap, aprox equal share in Galoc, 34mill in cash, two wells in hand thanks to BHPB

    NDO - 55mm market cap, say 7mill in cash after closing books on Gindara, future drilling??, good equity in other acreage.

    100mm - 55mm = 45mm cash is $27mm of that -> 18 million difference in other assets and sentiment...

    p1000
    NDO Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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86.8¢ 		Change
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