If nothing else comes out of the offer of 5.5c, it has shown to all looking that NDO is a much under valued asset and a change in management plan to stop drilling so many dusters could really lift shareholder value.
Work on the extensions to Galoc and West Linnapan and put the money in the bank, for christ sake!
A 20 year old with year 8 maths could run this company profitably. Its a no brainer! Just not enough excitement in making money!
The share price wont go backwards for long if the offer is withdrawn! Its a turning point for NDO and I dont think shareholders can lose unless the deal goes through!
NDO Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
