So reading above verdict is that it could flow either way, since they be making good effort on the company they cant really make people sell it cheaper if the company value is higher... ? correct.
They will have to get an evaluation done which will surely be over 5.5c.
or they could make an other offer of 5.5c and buy the remaining shares ? I wonder if this could happen
So sentiment will be to hold for now since we have missed the 5.5c. it should float upto this level in 6 months, please correct if i am wrong.
NDO Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held