The buildings that NXT occupies are highly customized towards their specific purpose. If NXT leases the buildings instead of owning them then the owners have a significant advantage over NXT when rent review time comes around. Moving any one of Next DC's data centers would be a massive undertaking, not to mention cause disruption to their customers. I think it's the nature of the business that NXT would need to own the premises it occupies or at least maintain 51% control over it to prevent it being leased to competitors... also to protect itself from these types of tactics from the likes of 360.
The buildings that NXT occupies are highly customized towards...
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Last
$17.80 |
Change
0.100(0.56%) |
Mkt cap ! $11.25B | |||
| Open | High | Low | Value | Volume |
| $17.84 | $17.91 | $17.77 | $24.89M | 1.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5896 | $17.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.86 | 111 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| NXT (ASX) Chart |