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0.00% 0.4¢ new standard energy limited

I assume NSE doesn't have a trader mentality, simply it's...

  1. Tommo60
    12 Posts.
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    19/04/13
    19:57
    Post #: 11667717
    I assume NSE doesn't have a trader mentality, simply it's budgets showed a need for cash and sold out of BRU

    Given the subsequent weakening of gas and oil prices wouldn't it make sense for NSE and BRU to simply merge and with the enhanced cash resources, more confidently fastrack oil production to at least get BRU's proven oil resources converted into $$$$ - not just talk but action?
    NSE Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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