That is the most pathetic market sensitive update I have seen in 30 years of investing.
A market sensitive announcement to advice that they have nothing to announce and will get back to their long suffering shareholders after they are done transfer pricing their shares to the dominant shareholder through a non commercial loan agreement .
These guys are a disgrace to the ASX, ASIC and the Takeovers panel.
NDO Price at posting:
3.0¢ Sentiment: Sell Disclosure: Held