NDO 3.13% 85.3¢ nido education limited

Keep reading the docs Aus it gets even more sickening,. I wonder...

  1. 8,942 Posts.
    lightbulb Created with Sketch. 65
    Keep reading the docs Aus it gets even more sickening,. I wonder how many holders realise that there is a clause that entitles Bangchak to be the prefered bidder. This means that even if another company comes in and ups the bid say to 6.5censt then all Bangchak has to do is match the bid and they get Nido. This was obviously included to protect some jobs going forward, sure this may help shareholders achieve a better offer from Bangchak but why would another firm even bother to entertain the idea knowing they wouldn't get it anyway. Simply to do us a favour, don't think so. The only way another company would get Nido is if they offered something that completely blew Bangchak out of the water. Won't happen. It's amazing that a board would consider putting this in the agreement. It's gone from sickening to disturbing. IMO
 
watchlist Created with Sketch. Add NDO (ASX) to my watchlist
(20min delay)
Last
85.3¢
Change
-0.028(3.13%)
Mkt cap ! $194.4M
Open High Low Value Volume
86.0¢ 86.8¢ 85.0¢ $68.72K 80.36K

Buyers (Bids)

No. Vol. Price($)
1 1100 84.0¢
 

Sellers (Offers)

Price($) Vol. No.
88.5¢ 2424 1
View Market Depth
Last trade - 15.46pm 11/10/2024 (20 minute delay) ?
NDO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.