Australia's largest stock trading and investment forum Australia's #1 stock forum

NZO

Click for more information

4.00%

39.0¢ new zealand oil & gas limited

the exact figures are even better MistaT - each NZO share gets...

First 23 Last

Share
Profile

Follow
Crackity

933 Posts.

163

29/09/20

19:23

Post #: 47719312
Share

Originally posted by mistaTea: ↑

What I am about to say is in no way, shape or form a recommendation. DYOR, but...

As it stands, Cue shareholders could sell some of their shares and effectively buy them back cheaper by purchasing NZO. remember, for every 2 NZO shares you buy you are effectively getting 1 CUE share.

Then you add in the 15% Ironbark direct interest, 4% Kupe producing asset and NZ$50M sitting in the bank (with no debt) and you are looking pretty good imo at current prices.

Expand

the exact figures are even better MistaT -

each NZO share gets you 2.13 CUE shares

349.4 mill CUE shares owned by NZO and NZO has 164 million shares

NZO Price at posting: 68.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 23 Last

Add NZO (ASX) to my watchlist

(20min delay)
Last 39.0¢		Change 0.015(4.00%)		Mkt cap ! $87.34M

Open	High	Low	Value	Volume
39.5¢	39.5¢	39.0¢	$16.56K	42.47K

Buyers (Bids)

No.	Vol.	Price($)
1	5748	39.0¢

Sellers (Offers)

Price($)	Vol.	No.
42.5¢	1072	1

View Market Depth

No.	Vol.	Price($)
1	5748	0.390
1	1500	0.365
4	17859	0.350
1	73529	0.340
1	1500	0.330

Price($)	Vol.	No.
0.425	1072	1
0.440	14300	2
0.450	2500	1
0.000	0	0
0.000	0	0

Last trade - 14.35pm 28/05/2024 (20 minute delay)

NZO (ASX) Chart

SPONSORED BY