The buildings that NXT occupies are highly customized towards their specific purpose. If NXT leases the buildings instead of owning them then the owners have a significant advantage over NXT when rent review time comes around. Moving any one of Next DC's data centers would be a massive undertaking, not to mention cause disruption to their customers. I think it's the nature of the business that NXT would need to own the premises it occupies or at least maintain 51% control over it to prevent it being leased to competitors... also to protect itself from these types of tactics from the likes of 360.
Ann: TGP: 360 Capital Group Notes NXT Offer for AJD, page-6
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NXT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.91 |
Change
0.120(0.67%) |
Mkt cap ! $10.76B | |||
| Open | High | Low | Value | Volume |
| $17.88 | $17.96 | $17.83 | $1.898M | 106.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 892 | $17.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.91 | 2 | 1 |
View Market Depth
| Last trade - 11.46am 08/07/2024 (20 minute delay) ? |
| NXT (ASX) Chart |