Going by the latest announcement it does state that the new proposal will require the support of NXT, I'm guessing as we own just over 20%, and then it also states that the board of AJD have not changed there recommendation to accept NXTs offer in absence of a superior proposal, so is that saying the NXT offer is still superior, as its all cash?
Even though 360 have offered more price per security, NXTs offer may still be the superior one? So maybe we don't have to re raise them at all? Who is to say 360 aren't just doing this because they want more money for there shares that they only just purchase a few months ago, that's total crap if that's the case.
NXT Price at posting:
$4.55 Sentiment: Buy Disclosure: Held
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