NDO 1.22% 83.0¢ nido education limited

we say NO to 5.5c .., page-30

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    First offer is not the last only when the board is resisting.

    our board has rolled over so it's done short of a groundswell of shareholder resistance big enough to block. You need at least a solid 10% to prevent compulsory acquisition but that won't stop the takeover.
 
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