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0.00% 75.0¢ nido education limited

Ann: NIDO DIRECTORS UNANIMOUSLY RECOMMEND 5.5 AUS CENT CASH OFFER, page-3

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  1. kenpitt
    1,926 Posts.
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    04/08/14
    13:35
    Post #: 13765098
    So with 2049 Million shares on issue. They are offering $102 Million for our shares.For oil production of 700,000 BOE. so basically offering 1.5 times yearly production to steal our shares. Why are the board recommending such a low ball offer. because of all the performance shares they issued themselves.
    NDO Price at posting: 5.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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