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clock Created with Sketch. 19/04/18
21:47
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Originally posted by Smurph
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Yes, it seems odd what NXT are doing regarding access to dc’s. They must have their reasons and I’m sure their legal team know what the are doing. My opinion is that they are stalling the whole sale process as long as possible so tgp bring their price back to a more reasonable level. The longer this takes, i think is more beneficial for NXT rather than tgp as we are much more secure financially. I have full faith in management. I would rather this be sorted out but if we buy the assets for 230 mil rather than 265 than it is worthwhile. Gltah
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But once a sale go's through (if at a lower perceived price), TGP will be well funded to commence legal action to then seek damages.
(20min delay)