NST Bid Foiled by the market, page-29

As I understand it, there has to be a reasonable time between when the takeover fails and when the bidder can make a fresh offer.

According to this article, a proposal was made last year to set a time limit of four months before a fresh bid can be made. I don't know if that change went through or not: https://www.hopgoodganim.com.au/page/knowledge-centre/legislation-update/how-long-does-a-bidder-have-to-wait-following-an-attempted-takeover-before-making-a-second-bid

In any case, if the bid fails, I will be looking to buy back my shares at somewhat less than 33c and see how it goes.

BTW, I think (but I'm not sure) that it's possible for NST to do a separate deal with Datt which they don't have to extend to other shareholders. That could make things difficult for the small shareholders who hold on for too long.