This should go to ASIC & ASX, page-9

I haven't sold my shares because I wanted to see how this panned out. I only hold 154,000 shares but bought mine several years ago when the price was around 12 cents. Still don't want to give them away for less than half of what I paid for them. It seems dreadfully wrong to now see that there is potential for Nido going forward when most shareholders were recommended to accept the takeover bid of 5.5cents by the board and management of Nido. The announcement of a review of strategy/consolidation in the last days must be leaving sellers feeling rightly angry and distressed. Process has lacked transparency and smacks of management holding there interests ahead of shareholders. It's immoral and disingenuous behaviour. Should be followed up by ASIC and the ASX....complain loudly and in numbers!!