re: Ann: Investor Presentation - Excellence i... can anyone see any reason why Otto and Nido shouldn't join forces in a merger ?
I know ide feel a lot safer in a merged ndo/otto entity .
reserves and cash-flows would be healthy, debt manageable, combined drilling and exploration prospects become more exciting for both shareholders.
ide be happy to swap 2.5 NDO=(9c) for 1 OEL=(9c)
perhaps the combined entity would trade over 15c on open.
Ann: Investor Presentation - Excellence in Oil an, page-5
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86.0¢ |
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Mkt cap ! $194.9M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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