NDO 0.00% 77.5¢ nido education limited

Just a thought on info release by Nido, if you read the fireside...

  1. 51 Posts.
    Just a thought on info release by Nido, if you read the fireside chat letter that Whitby released with the Day 35 status report, he was sending a message to all that the information will be released only when it is of a high confidence. This I applaude, prior to this new mob,Nido had a long and painfull track record of promote type releases which raised expectations but distracted from the quality of the assets. Too bad for Nido but good for us investors as the quality of the assets are just becoming understood.

    In larger companies, Whitby's heritage, they take press releases very very seriously, I tested his resolve, sent him an email with some probing questions and got a very polite response back stating that he considers email communication official so was not drawn in to a rookie mistake of telling something that was not released to the ASX.

    This is a different beast we are dealing with, patience is the key until the pieces have been moved around the board to ensure a checkmate.

    Just my observation though. Cheers
 
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