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2.33% 88.0¢ nido education limited

Ann: BCPE Intends to Declare NIDO Offer Free of Conditions, page-15

  1. Chass
    1,072 Posts.
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    01/09/14
    16:20
    Post #: 13906415
    Question
    If an offer is declared at 5.5 this basically limits the price at 5.5 allowing the raider to top up below the offer price while there are sell orders at these prices.
    Shouldn't the company be in a trading halt to prevent the Raider from taking advantage of the price limit he has imposed ?

    Chass
    NDO Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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