KIK becomes vulnerable here in the event a decent "partner" is sourced by NDO...
Cheap way to obtain decent exposure to a proven fairway with serious potential.
It is not unusual to see signature bonuses upwards of $500m paid to governments issuing out such ground...KIK's market cap become small change in this picture.
NDO's market cap rose close to $200m today based on their share of todays OIP announcement...KIK's cap rose just $25m or so.
Given SC58 is likely to offer a better bang for your buck, which importantlyis at levels within the reach of stocks like these, one might it would command a premium for OIP over the other blocks.
First cab off the rank...so probably fair to say a fair bit of upside here.
Cheers!
KIK becomes vulnerable here in the event a decent "partner" is...
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Last
7.7¢ |
Change
-0.002(2.53%) |
Mkt cap ! $19.42M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 7.9¢ | 7.7¢ | $9.506K | 123.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 109517 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 360798 | 3 |
View Market Depth
| Last trade - 12.29pm 08/11/2024 (20 minute delay) ? |
| RPM (ASX) Chart |