Its obvious, Nido wont be around for too long.
All they are doing is playing delaying tactics in the hope a major corporation takes them over.
Not sure what they would get, but at $150M MC, Nido is very expensive at the moment.
Its obvious Nido cant move forward because they lack leadership. For example, GPC is leading Galoc, Yilgarn is leading SC54, PNOC is leading SC58 and SC63, SHELL is leading Cool Energy, noone is leading WL, and they spun off their UK assets.
Without leadership you cant progress. Sorry to sound negative, but the facts are the facts.
Nido has some good qualities. For example, they are good at burning/raising cash, marketing, acquisitions, technical knowledge and a few others.
However, Nido does not demonstrate the number one criterion in running a million dollar corporation, LEADERSHIP.
Hence the reason why they are being led.
Ask yourself why Nido has been in a trading range for 18 months. Simple: Nido has not grown in the last 18 months.
Finally, I wonder what Perez's contribution has been so far. Alot of hype at the time of appointing him, but no mention since.
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