If you could muster 10% of the shareholders you could call an EGM, find out what exactly where Nido stands financially and whether or not we are being taken for a ride by the board and whether or not board members have had inducements from BCP and I am no legal eagle here but an inducement could be construed as a conflict of interest and this could be seen as a criminal act thereby forcing the ASX to investigate further.
Not sure about this but you might even be able to put a trading halt in place until after the EGM.
This would give a little extra time for any other possible companies to make a counter offer.
Just putting it out there.
Management stuffs long term shareholders, page-21
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Last
84.5¢ |
Change
0.015(1.81%) |
Mkt cap ! $189.2M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 85.0¢ | 83.0¢ | $7.739K | 9.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7341 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 8900 | 2 |
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| Last trade - 13.01pm 11/09/2024 (20 minute delay) ? |
| NDO (ASX) Chart |