If you could muster 10% of the shareholders you could call an EGM, find out what exactly where Nido stands financially and whether or not we are being taken for a ride by the board and whether or not board members have had inducements from BCP and I am no legal eagle here but an inducement could be construed as a conflict of interest and this could be seen as a criminal act thereby forcing the ASX to investigate further.
Not sure about this but you might even be able to put a trading halt in place until after the EGM.
This would give a little extra time for any other possible companies to make a counter offer.
Just putting it out there.
Management stuffs long term shareholders, page-21
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Last
85.3¢ |
Change
-0.028(3.13%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 86.8¢ | 85.0¢ | $68.72K | 80.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1100 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 2424 | 1 |
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| Last trade - 15.46pm 11/10/2024 (20 minute delay) ? |
| NDO (ASX) Chart |