NXT only owns 19.99% (declared) of AJD and it might not "own most of it soon" because TGP:360 Capital holds 19.9% of the shares. There is an on market offer by NXT for 92 million-odd shares at $1.87, less than 4% premium to TGP's offer.
Note that there are not too many takers at that price and 6,492,300 shares, mostly above $1.87, have changed hands since 31 July 2017 when "TGP:360 noted NXT's offer for AJD", meaning that there are a few people betting that this has still some way to go.
Ouch..., page-6
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Last
$17.04 |
Change
0.510(3.09%) |
Mkt cap ! $9.807B | |||
| Open | High | Low | Value | Volume |
| $16.80 | $17.15 | $16.73 | $23.81M | 1.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | $17.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.07 | 763 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$17.11 |
Change
0.510 ( 3.41 %) |
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| Open | High | Low | Volume | ||
| $16.84 | $17.14 | $16.73 | 405549 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| NXT (ASX) Chart |