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75.0¢ nido education limited

Trading Holt still on ... suggests the Corporate transaction NDO...

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gonegassed

13,783 Posts.

31/07/14

14:22

Post #: 13746503
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Originally posted by afawcett ↑

Very interesting to have an announcement like that and to still be in a trading halt, I would have thought that any announcement by the company would constitute a stop to that trading halt. This does imply that this is not the transaction that NDO is working on and just happens to be an opportunistic sale/purchase with the parcel being below the mandatory 20% let your intentions be known. I would add that a takeover is normally at a 33% premium to VWAP of 90 days and therefore if this is the intention the board should consider it.

Anyway I'm stoked with this as it represents a healthy premium to the stock when it opens, not to mention any takeover premium the stock may attract above this.

I will be holding on until more is known as fair value is definitely higher than this and I would say >7 CENTS.

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Trading Holt still on ... suggests the Corporate transaction NDO spoke of yesterday ..is still to be Announced ..

Tadays ann is a Precursor to a TO offer for all our shares ..or a similar ann to come ... directly involving NDO + its shareholders in an Offer.

NDO Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 75.0¢		Change 0.000(0.00%)		Mkt cap ! $188.1M

Open	High	Low	Value	Volume
75.0¢	75.0¢	75.0¢	$38	51

Buyers (Bids)

No.	Vol.	Price($)
3	112959	75.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.5¢	7700	1

Last trade - 10.06am 03/12/2024 (20 minute delay)

NDO (ASX) Chart