I have been advised that energy stocks are the investments to be involved in moving forward . I wonder if the joint party of Nido , that provides most of the loans which Nido repays from its revenues so that no profits are made , is going to lend more so that any future spike in revenue from oil spikes in price will be absorbed by interest from the amount of loans that Nido is carrying. I may be wrong and Nido may very well offer an attractive shareholder capital raising as well.I am very interested to see how this plays out with my theory that Nido is just a vehicle for an investment company to make over the market average interest return on money it is lending out , with absolutely no interest in the Nido shareholders who remain as Shareholders from before it was sold off and redesigned into this present structure.
NDO Price at posting:
7.5¢ Sentiment: Sell Disclosure: Not Held