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its an Idea from a post made by another NDO holder in this...

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  1. gonegassed
    13,783 Posts.
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    30/07/14
    16:23
    Post #: 13739739
    its an Idea from a post made by another NDO holder in this thread ..


    I'm uncertain whether this has been brought up already, but my assessment leads me to think its RSL and not OEL that NDO is in talks with. There was some speculation that RSL was looking at energy assets for its diversification strategy. The stock rights offer was perhaps the precursor for this. Let me know your thoughts. I am investor in the Philippine partners of Galoc and WLA and I'd love to hear more discussions from the Australian front.

    http://www.asx.com.au/asxpdf/20140730/pdf/42r3k8825xx248.pdf
    NDO Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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