NDO 0.00% 85.0¢ nido education limited

another cr, page-70

  1. 4,578 Posts.
    Ozgem,

    AS Sid said they put all eggs in Viking basket and now that has fallen through they have to do a CR when the sp is at it's lowest... Really bad management IMO..


    AFR street talk- Nido's announcement has desperation all over it... They do not know precise amount? IMO they are not going to do a CR to raise only a million or two dollars... So one must assume the amount is prob closer to $10 million.. IMO the article must have some credit to it...

    Further more they say current holders will be given an opportunity to take part... Haven't the long term shareholders given enough money only to see the value of their investment disappear!! How about giving something back for once..

    Well done PB...
 
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