Overpaying for an asset is never ideal however in this situation I think it is the right thing to do. (To a certain extent of course). Tgp wouldn't want to overpay heavily either on properties they can only increase returns on marginally due to long leases in place. I think they never intended to own the trust, they are just trying to make a quick return on there money and are now trying to squeeze as much out of nxt as possible. If this is the case it is a dangerous game of cat and mouse. They might be left holding when they didn't want to. I also think if nxt do buy apdc there Debt facility with the bank will probably be increased when needed due to the extra assets nxt would now own. I trust Craig and his team and support the decision they make. Gltah
- Forums
- ASX - By Stock
- News: NXT NEXTDC posts FY statutory net profit after tax of $23.0 mln
Overpaying for an asset is never ideal however in this situation...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$16.66 |
Change
-0.170(1.01%) |
Mkt cap ! $10.58B |
Open | High | Low | Value | Volume |
$16.86 | $16.99 | $16.65 | $31.38M | 1.866M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 8289 | $16.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.67 | 6499 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 3638 | 16.660 |
15 | 4962 | 16.650 |
12 | 5074 | 16.640 |
13 | 3652 | 16.630 |
8 | 5978 | 16.620 |
Price($) | Vol. | No. |
---|---|---|
16.670 | 3571 | 17 |
16.680 | 9938 | 27 |
16.690 | 4034 | 9 |
16.700 | 2925 | 8 |
16.710 | 2544 | 6 |
Last trade - 14.08pm 19/09/2024 (20 minute delay) ? |
Featured News
NXT (ASX) Chart |