Yes really!. To understand the situation better you need to understand how the market views Nido. Over promise and under deliver. And they have done for a number of years. If your going to do a back flip or even if there is a chance of a back flip watch you are promising or hinting at delivering. When Phil announced baragatan I thought this is it, the company is on it's way now as they couldn't make the same mistake as the Viking deal. Guess what. It is a astute move NOW, but the market doesn't see it that way. IMO of course.
NDO Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
