NXT only owns 19.99% (declared) of AJD and it might not "own most of it soon" because TGP:360 Capital holds 19.9% of the shares. There is an on market offer by NXT for 92 million-odd shares at $1.87, less than 4% premium to TGP's offer.
Note that there are not too many takers at that price and 6,492,300 shares, mostly above $1.87, have changed hands since 31 July 2017 when "TGP:360 noted NXT's offer for AJD", meaning that there are a few people betting that this has still some way to go.
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NXT
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$14.38

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Last
$14.38 |
Change
0.080(0.56%) |
Mkt cap ! $9.209B |
Open | High | Low | Value | Volume |
$14.25 | $14.44 | $14.15 | $39.29M | 2.758M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35 | $14.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.44 | 1070 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8784 | 14.370 |
1 | 2100 | 14.310 |
1 | 500 | 14.300 |
4 | 3599 | 14.250 |
1 | 750 | 14.170 |
Price($) | Vol. | No. |
---|---|---|
14.440 | 1070 | 1 |
14.510 | 23 | 1 |
14.600 | 2249 | 2 |
14.640 | 500 | 1 |
14.650 | 891 | 3 |
Last trade - 16.13pm 25/07/2025 (20 minute delay) ? |
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Frazer Bourchier, Director, President and CEO
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