AIOG.
Australia Indo Oil and Gas.
Should get some AI investors on the radar.
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AIOG.
Australia Indo Oil and Gas.
Should get some AI investors on the radar.
agree not a major factor like the 70% S/H of OG group ... but also not a stupid idea New Zealand O&G for a company with a future funding focus in Aus... with interests with CUE giving Indo angle..
NZOG could make a couple major step-changes easy Name change > focus on becoming an Energy Yield player on the ASX only... wouldn't take long till they got much more market interest if the forward yield at SP was 8-10% with upside coming from muti exploration wells
A bit of a crunch & splat on ASX to close yesterday:
36.5¢
Change -0.030(7.59%)
the Aussies not quite into what just leaped across the ditch to join it's oily stablemate just yet ? ;)
Heard Ausy reporter on RNZ this morning that Australia now has a gas crisis, not enough supply secured. Got to be good for NZO looking forward. Great strategy executed here by CEO Jefferies and co, placing holders very well for future returns.
Today's fun fact.
NZO market cap NZD85m
BAI market cap NZD129m