it can also be that ML funding has brought a lot of goods to nido anyway, the continued operating recent profit and increased in oil reserves particular sc58 with 5 bils oil or extra 4 bils potential reserve is a jackpot to me. here you have exxon sc56 so far spends $400mils for far lesser reserves. put value in sc58 alone and any ML dilution is so small. nido has made good use of ML funding anyway and is now regarded as of the majors in the news, manila standard today.
cheers
news release, page-14
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80.0¢ |
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Mkt cap ! $182.4M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
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| NDO (ASX) Chart |