Share price drop seems like a bid of an overreaction to just the CEO going. Was he really worth a loss of 1/3rd of AJQ MC? I doubt it.
NM hasn't been able to get Surat Basin tenements to work profitably since they thought they had taken Kincora off Origin for a steal. Nevertheless a lot of work has been done there over the years and it looks like they could be close to making it work. There is a fir bit of talent in the company's field operators.
Share price drop seems like a bid of an overreaction to just the...
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