OEL 7.69% 1.2¢ otto energy limited

should oel merge with ndo ??

  1. 13,783 Posts.
    the Trading Patterns in OEL + NDO ( 22%galic partner) the last 2 weeks leads me to think OEL + NDO may Merge.
    Both OEL and NDO sp have moved in sink together maintaining almost a 2 for 1 ratio.
    as OEL is the Operator of the Galic Field if it can Pic up NDO for an all script merger .. then OEL would make $140 mill Cash flow from 55%of Galic + all of NDO other interests for free..
 
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Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
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