Cap l did not think nido will give 50% of 50% of sc58 to YGL because they will have cash from Galoc and would be hunting a major to drill.
Agree that there is a lot of oil in sc54
My point about instos is that as soon as they agreed to 22 mill covertable note the share price of nido was kept in a trading range which enable them to convert the shares at 23 cents instead of 26 cents.this could happen to YGL if they enter a similar agreement.only my thoughts and could quite possibly be way off the mark.lol thanks
Cap l did not think nido will give 50% of 50% of sc58 to YGL...
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Last
82.5¢ |
Change
-0.010(1.20%) |
Mkt cap ! $188.1M | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 86.5¢ | 82.5¢ | $330.5K | 398.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11658 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 1001 | 1 |
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| NDO (ASX) Chart |