NDO 0.00% 92.0¢ nido education limited

Hi Chass ""What chance do we have now of selling , are they...

  1. 37,286 Posts.
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    Hi Chass


    ""What chance do we have now of selling , are they obliged to pay us out ?""

    I DIDN'T SEE ANY QUESTIONS IN EARLIER POSTS..LOL

    they need 90%+ to take over Nido. as per previous announcement 4/8 annocement.

    the thing is they have reached 75%+.

    the have the option of de-listing the company, running it as a subsidiary BCPE Singapore.

    the rules sort of state they "can not disadvantage remaining share holders".

    there is another good option "de-list here & IPO on the Singapore Stock Exchange".

    SSE overall have a good reputation, especially with oil/gas companies. they get valuations pretty spot on.

    more than likely stay here for now.

    trading today will be from bids & buys. offer has closed as of 7pm on Friday 3/10. any late acceptances will be retuned.

    I'm limited as to what I can say as I have prepared documents for ASIC, ASX & Takeover panel.

    ..
    Last edited by Marketscan: 06/10/14
 
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