I think Balance should change his/her name to Polly!!
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I think Balance should change his/her name to Polly!!
that would be nice.
I wonder which way nzo voted with their 15%.
with 2 resolutions defeated then that required a lot of shares saying NO.
Of course the board can't vote their shares for the renumeration but stopping the partial takeover provisions should open up the door for nzo - ie make a bid for 35c and get to keep all the shares they buy in same
M
Kakapo is a dog and expect some significant delays on getting this drilled, even if they get permission to drill it from the govt which is rumored not to be happy about it being drilled under the current environmental laws.
This organization will soon loose its ceo and radford or one of his sycophants will take over. nozg will continue on its rudderless way.
While radford it there it will go no where as he treats it like his pension fund.
It will never get near $1.50 unless they really change tack. Unlikely
Compare and contrast the difference between PPP and NZO.
PPP looks at its cash pile, informs shareholders that it has had a close look at over 70 prospects and having decided against them, returns a big chunk of the cash back to shareholders.
If PPP needs cash, it knows it can go back to shareholders and get them to contribute.
What do NZOG directors do with the cash and how well have their investment decision making process been?
the latest news is great!.... not
I'm new to the energy sector so not sure what NZO's been doing in the past. I hope the person that has his/her cash locked up in NZO for the past 6 years or longer at least got a decent dividend every year to show for. So is every one voting for National and supporting asset sale? The last SOE stuff up I can remember was with transit rail. Didn't we (the gov't) ended up buying back the assets from the Aussie at a premium after they've given up putting more cash into a bottomless pit?
Anyway, does anyone think NZO is still worth investing at the current low price?
Animeart, NZO is a good bet at current prices. I feel for holders from the $1.5 era. I lost a chuck in the GFC days buying stacks at $1.5 and bailing out at $1.15.