I also, just like most of other shareholders signed the takeover form this Tuesday, as I felt I have no other option especially after strong directors recommendation to take up the offer...
It felt like someone sticked a knife to my ribs after the announcement about the "exiting times ahead for Nido and shareholders" only few weeks after the directors strong view and recommendation to take up the "excellent" offer of 5,5 cents...Is this a joke or what...? People loosing they live hood savings.
Yes, I also lost a lots of money in this "transaction" after 7 years of being a shareholder in Nido and what is worst, is that people lost money in their Self Managed Superannuation Funds... As trustees of the fund are obligated to look after the benefit of the superannuation fund, IMO they should report this to ASIC and other government bodies...
This is not a joke or game any more...!!!
NDO Price at posting:
5.5¢ Sentiment: None Disclosure: Held
