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...
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Last
$16.53 |
Change
0.300(1.85%) |
Mkt cap ! $9.513B | |||
| Open | High | Low | Value | Volume |
| $16.37 | $16.66 | $16.31 | $16.28M | 983.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2702 | $16.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.59 | 5742 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$16.55 |
Change
0.300 ( 1.41 %) |
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| Open | High | Low | Volume | ||
| $16.40 | $16.66 | $16.38 | 249741 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| NXT (ASX) Chart |