Thanks JakeBlueDog why buy now when it will be lower on further tindalo bad news. Could be a buy longer term but short term things look bad and i still believe tindalo is not going to work out for them. Tindalo failure so far has cost this company and all JV partners dearly and i belive the JV have learnt little from the utter disaster it has been to date. At least the company learned one thing that having "nido is pleased to inform shareholders" at the start of announcements is a bad idea when follwing from the phrase is bad news followed by more bad news. Have people seen the admin costs no wonder management aint creating shareholder value its clearly a full time job keeping their snounts in the trough at nido HQ. Admin costs through the roof while at the same time disater after disaster on the operational front how much writing do NIDO holders have to see on the wall before they ask serious questions of management ?
NDO Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held
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