AJD 0.00% $1.94 asia pacific data centre group

NXT has a blocking stake now, so TGP has little leverage now....

  1. 671 Posts.
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    NXT has a blocking stake now, so TGP has little leverage now. TGP can overpay horribly to take control but they wouldn't get an acceptable return on capital for their efforts. That's assuming TGP ever wanted to take over the company (I suspect their plan was to basically extort NXT into buying their share).

    I wouldn't be surprised to see TGP pull their bid now.

    Also they can't just up the rent. The lease agreements signed will detail rent reviews, and any competent and independent board would charge market rates when renewal came.
    Last edited by Toastro: 19/09/17
 
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