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.
Don't really see the negativity in the deal (if of course)You...
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NDO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
81.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $184.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 82.0¢ | 80.0¢ | $250.3K | 309.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12308 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 38521 | 3 |
View Market Depth
| Last trade - 16.15pm 01/11/2024 (20 minute delay) ? |
| NDO (ASX) Chart |
Day chart unavailable