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0.67% 75.5¢ nido education limited

baragatan-1 well to be re-spudded nido petrole, page-169

  1. orangkaya
    50 Posts.
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    17/06/14
    20:30
    Post #: 13536732
    IMHO. The seller is keeping the price down so that in the case of NDO not finding oil there will be a sell off and he will pick ip the company at 2 or so cents. He then has a 40M PA cashcow. If we strike he wins from his present position
    Does anyone know the rules regarding takeover bids. Can he force holders to sell?
    NDO Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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