NDO 3.53% 82.0¢ nido education limited

Ann: Nido Secures Dragon Oil as Farmin Partner to, page-34

  1. 315 Posts.
    re: Ann: Nido Secures Dragon Oil as Farmin Pa... Strat,

    pointless debating semantics of "announcement" so will opt out on that one :)

    And unless the context was around cooking, then "half baked" implied, as written, that the farm-in arrangement was poorly planned/ill-conceived. I maintain, on balance, we as shareholders, are better off having been shared the WIP plan than not.

    The simple point about Getty was *recognising value*, having faith in ones own decison making and ignoring the bumps. Who knows whether Getty would have invested in NDO or not. If lack of dividends were a show stopper then I guess not.

    It is debatable whether NDO is still considered a speculative stock. If we have any success drilling this year, then I would say risk has been sufficiently mitgated to declare that a resounding no.

    cheers
    shocks
 
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