interesting article in the australian about all this.
i wont re post for ip reasons but google it and easy to find full text.
they correctly state that due to the nature of the proposal (cash + capital distribution) 75% of holders need to approve it. given nxt hold 21%, then if 4% dont vote due to just not getting around to it etc, thats enough to make it fail.
other deal/structural options still on the table but im not sure nxt should rush to offer $2 or more.
either way, 360 group win and nxt lose at present: they either overpay or miss out and it undermines security etc.
interesting article in the australian about all this. i wont re...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$14.34 |
Change
0.090(0.63%) |
Mkt cap ! $9.183B | |||
| Open | High | Low | Value | Volume |
| $14.28 | $14.45 | $14.19 | $30.38M | 2.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 184 | $14.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.41 | 36650 | 5 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| NXT (ASX) Chart |