No it doesn't make any sense to me! NDO have plenty of targets and not enough cash to drill them all. Why spend our scarce funds to buy an interest on a small prospect when we have plenty of small prospects of our own? 62strat's post no. 7826677 has already addressed this issue IMO.
ANZ
nido petroleum keeping mum on raisama takeover, page-26
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Last
85.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.0¢ | 85.0¢ | $21.11K | 24.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 20000 | 1 |
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| NDO (ASX) Chart |