NDO 4.35% 88.0¢ nido education limited

If 5.5cps isn't going to cut it, I don't think 6cps will either....

  1. 2,899 Posts.
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    If 5.5cps isn't going to cut it, I don't think 6cps will either. I got the call on Monday and I was polite but firm. I cut him short in giving me the spiel and told him that the offer was clearly opportunistic and well short of fair value and I would not be accepting unless a revised offer of 7.5cps was put on the table. I also told him that IMO a genuinely independant expert's report would embarass the directors who had recommended the offer and ATM the rate of acceptances is looking poor. He thanked me for my comments and I got the impression that he has probably had some responses less civil than mine.

    ANZ
 
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