NXL
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1.80% $3.40 nuix limited

They will/might find a buyer who will offer them either more or...

  1. RikRold92
    55 Posts.
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    30/08/21
    08:38
    Post #: 55668323
    They will/might find a buyer who will offer them either more or less than what the current share price is and sell the entire 30% to them off market (so for them the share price is irrelevant as it is sold directly to the other party). This way someone who wants to secure a large chunk of the company can do so in one transaction and probably pick up the 2 board seats which could be good for someone considering a later acquisition.
    NXL Price at posting: $2.87 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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