NDO 0.00% 92.0¢ nido education limited

re: Ann: Form 603 - Notice of Initial Substan... Good research...

  1. 4,510 Posts.
    re: Ann: Form 603 - Notice of Initial Substan... Good research there fellas.

    It is always interesting when somoene close to the area buys into a company/project like this. They are probably a lot closer to the action than we are. I doubt that this will be a passive investor. One must assume he isn't buying these for fun.

    What could be really intersting is that if he got up to a 19.99% stake and a reasonable merger offer with Otto came about, would his 19.99% be enough to win a vote on the deal.

    Or even better, would his 10% be enough in a similar vote. If even a half decent deal comes along for NDO holders they will surely vote with their feet to be part of a stronger merged entity.
 
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