NDO 0.66% 75.0¢ nido education limited

Question If an offer is declared at 5.5 this basically limits...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 560 Posts.
    lightbulb Created with Sketch. 2
    Question
    If an offer is declared at 5.5 this basically limits the price at 5.5 allowing the raider to top up below the offer price while there are sell orders at these prices.
    Shouldn't the company be in a trading halt to prevent the Raider from taking advantage of the price limit he has imposed ?

    Chass
 
watchlist Created with Sketch. Add NDO (ASX) to my watchlist
(20min delay)
Last
75.0¢
Change
-0.005(0.66%)
Mkt cap ! $188.1M
Open High Low Value Volume
77.5¢ 77.5¢ 75.0¢ $17.35K 22.96K

Buyers (Bids)

No. Vol. Price($)
1 17637 75.0¢
 

Sellers (Offers)

Price($) Vol. No.
78.0¢ 4231 2
Last trade - 15.41pm 29/11/2024 (20 minute delay) ?
NDO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.