Australia's largest stock trading and investment forum Australia's #1 stock forum

AJD

Click for more information

0.00%

$1.94 asia pacific data centre group

Portfolio Insurance, page-8

First 8 Last

Share
Profile

Follow
markfrazer89

1,905 Posts.

318

01/09/17

21:16

Post #: 26944095
Share

Originally posted by Killa68 ↑

Hi Mark, the TGP plan has always been to increase the gearing in AJD, but the message that this gives NXT is that TGP is playing for keeps. So NXT need to stump up or walk away with either no holding or a minority stake. DOING NOTHING will not work for NXT now as there $1.87 offer will go nowhere. I think TGP expects NXT to hang around "at least". For this deal to be taken serious TGP need min 50% and mgmt control, hence AJD directors will still favour the NXT bid "for now".

As I have mentioned before NXT lose, whilst TGP and AJD shareholders win !

Expand

Aren't you guys worried at all as to why management don't want 360 capital around? Surely they know what is best for their business going forward...

AJD Price at posting: $1.96 Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 8 Last

Add AJD (ASX) to my watchlist