NDO 3.53% 82.0¢ nido education limited

people seem to be forgetting the if they hit oil part plenty...

  1. 9,282 Posts.
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    people seem to be forgetting the if they hit oil part plenty here getting ahead of themselves let the drill bit do the talking before continuing to ramp the share. People fail to mention the downside if gindara fails. Not only will Nido be up a creek with no money the prospectivity of thier other acrage would go down and make it that much hard to farm out. Yes nidos got galoc but it needs some serious investment and i dont see how nido will be able to raise significant cash without a large discount and heavy dilution.
 
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