https://www.copyright link/property/commercial/pressure-builds-for-better-offer-in-battle-for-abacus-storage-king-20250429-p5lv2rPressure builds for better offer in battle for Abacus Storage King
AFR Article"A consortium led by South African billionaire Nathan Kirsh may need to increase its $1.9 billion takeover offer for Abacus Storage King after a rival operator bought a small stake in the self-storage player, potentially blocking the proposed buy-out, according to analysts.
The surprise move this week from National Storage REIT – known by its ticker NSR – gives it a beachhead of near 4.8 per cent in the register of its listed rival. But, as analysts were quick to note, a takeover transaction could be blocked with a stake of just 10 per cent, or even less."
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Last
$2.35 |
Change
-0.015(0.64%) |
Mkt cap ! $3.276B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.37 | $2.34 | $2.815M | 1.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 72240 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 39775 | 21 |
View Market Depth
| Last trade - 12.34pm 28/07/2025 (20 minute delay) ? |
| NSR (ASX) Chart |