I see Nido's evolution as following a similar path to Hardman. Yes they will JV with a major, a major is likely to take a significant shareholding in Nido and ultimately I see Nido being taken out lock, stock and barrel by the same major. When is the million dollar question. If there is anything like that amount of oil as being touted then the majors are going to want it on thier books not some sub billion market cap up-&-junior.
I see Nido's evolution as following a similar path to Hardman....
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Last
86.0¢ |
Change
-0.020(2.27%) |
Mkt cap ! $196.1M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.0¢ | 86.0¢ | $14.85K | 16.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23075 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 20000 | 1 |
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| Last trade - 15.40pm 22/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |