Don't really see the negativity in the deal (if of course)
You pick up a company cheap is the idea - Especially since it will produce solid income stream to help NDO achieve it 5 well plan
It's either use RAI money (also get other assets) or go to market & get money. Either way NDO will increase in shares on issue - I'd prefer to have RAI than a CR.
Obviously CEO trying to push up NDO Share price but getting limited response. That would give a better deal.
Prefer to take an undervalued RAI than NDO be taken while under valued.
If it's true & they can pay off the drill cost in 2 months what about the next two months - that is what NDO want that money coming in to help pay for the other drills which bring the shareholder value.
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Don't really see the negativity in the deal (if of course)You...
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80.0¢ |
Change
-0.005(0.62%) |
Mkt cap ! $182.4M |
Open | High | Low | Value | Volume |
83.0¢ | 83.0¢ | 80.0¢ | $8.369K | 10.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1344 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 17283 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1344 | 0.800 |
1 | 2 | 0.795 |
1 | 5000 | 0.780 |
2 | 26000 | 0.760 |
2 | 664 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 17283 | 1 |
0.970 | 19999 | 2 |
1.010 | 989 | 1 |
1.050 | 100000 | 1 |
1.090 | 50000 | 1 |
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