NXT 0.00% $16.33 nextdc limited

NXT only owns 19.99% (declared) of AJD and it might not "own...

  1. 22 Posts.
    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.
 
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