Takeovers Panel - Nido Petroleum, page-1782

  1. 2,075 Posts.
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    Will be a trade in it soon in the lead up to the next CR. WG obviously worn out his FGR welcome with his own clients if they are engaging another firm to raise funds, this will be the end of the at market raises like the two 18c raises. I am sure you have communicated with WG and others who have spoken to him regarding price targets and know the numbers and timelines he was throwing around, I am sure he communicated the same to his clients who will be asking 'what up'?

    CM indirectly selling down via Gayle doesn't bode well for the cash flow positive projection which falls due in sep/nov 19, don't know why he is selling now and not after the fibre glass sales which were due a few months ago. I am sure holders won't be too happy about an insider selling down while the SP was under downward pressure, poor Greg has been holding up while that stuff is going on.

    When was you last T40 list provided? is Gayle/CM still in and just below the T20 or out completely? they were only in by 86k shares.
 
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