nido petroleum keeping mum on raisama takeover, page-37

Demontrader, I think you may have provided a hint for the three month price rise in NDO. There should be marked benefits in an economy of scale if Nido get bigger, given they have expert staff in the region, yet in many cases they are not fully engaged. Also the improved asset value of having this new entity on board should fully justify the moves in the share price of the last few months, so now I'm inclined to think the buying has been from entities close to the action. Indeed, they know what the outcome will be