Will be interesting to see how it plays out Not sure I read this as NXT giving up. Their original 1.87 bid has lapsed as they said it would on 15/9. Fascinating that they want 2 on the board and would make for interesting board meetings. Surely the board will now not be able to give a unanimous recommendation to accept the TGP offer. NXT directors wont vote for it. So where does it leave us..... I'm not an expert but could imagine that NXT could lodge a counter bid at 1.95 and that would end up being superior to TGP because at least the full board would recommend that one. But then will TGP request a board seat too....hmm
AJD Price at posting:
$1.95 Sentiment: None Disclosure: Not Held
