I want NDO + OEL to merge .for all our sakes .. its the sensible thing to do for both shareholders, page-4

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gonegassed

13,783 Posts.

23/07/14

13:03

Post #: 13702097
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Originally posted by gamechanger ↑

I couldn't agree with you more Boysy, get the debt paid off, cut back the hole drilling to a minimum, get WL up and running in a sensible cost effective manner, close down one of the admin branch. Get the money in the bank. Have one quarter where most of the money from Galoc hits the bottom line. Lets have less excitement and more substance!

I think a merger with OEL makes a whole lot of sense for both companies and would position a merged entity into a completely different class of company. Should create real value. Just my opinion and would need major shareholder approval of both companies.

After the Bara failure I think the last of high risk driller investors may have exited the NDO stock.

Time for Phil to show clear direction to where we are headed and hunt down a new school of investors.

Create some value.

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nearly 10M traded by 1pm in NDO .. is the BEST VOLUME in 2 weeks

as sp touches 3.5c on a Huge 10m Volume by 1pm ..

at close 4.10pm = m ???

as NDO is a Leaky Vessel i suspect good News is Coming ..

NDO Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 71.3¢		Change 0.028(4.01%)		Mkt cap ! $161.7M

Open	High	Low	Value	Volume
69.5¢	73.5¢	69.5¢	$33.44K	47.83K

Buyers (Bids)

No.	Vol.	Price($)
1	7278	69.5¢

Sellers (Offers)

Price($)	Vol.	No.
73.5¢	11586	1

View Market Depth

No.	Vol.	Price($)
1	7278	0.695
2	14722	0.690
2	33345	0.685
2	22122	0.680
1	1589	0.675

Price($)	Vol.	No.
0.735	11586	1
0.740	13088	2
0.820	29695	2
0.825	39408	1
0.950	15000	2

Last trade - 11.32am 24/06/2025 (20 minute delay)

NDO (ASX) Chart

I want NDO + OEL to merge .for all our sakes .. its the sensible thing to do for both shareholders, page-4

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