Morgans is selling 10 million shares in NEXTDC on behalf of technology entrepreneur Bevan Slattery.
The broker is offering the shares at $1.95 each, a 6.7 per cent discount to the last close. It’s understood Slattery will own less than 5 per cent of NEXTDC after the sale.
Slattery made his fortune by selling fibre-optic network business Pipe Networks to TPG Telecom for $373 million in 2010. Shares in NEXTDC, an ASX-listed data centre operator working in cloud computing, have fallen almost 4 per cent this year.
Bevan Slattery sells down NEXTDC stake
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Last
$16.92 |
Change
-0.150(0.88%) |
Mkt cap ! $10.16B | |||
| Open | High | Low | Value | Volume |
| $16.61 | $17.01 | $16.49 | $32.90M | 1.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 726 | $16.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.93 | 3983 | 2 |
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