ASX:NXTIT
A Look At NEXTDC (ASX:NXT) Valuation After A$1.51b Equity Raise
Equity raise sets the scene for NEXTDC
NEXTDC (ASX:NXT) has just completed a large follow on equity offering, raising about A$1.51b through new ordinary shares at A$12.70. This move reshapes the company’s capital position.
See our latest analysis for NEXTDC.
After the equity raise at A$12.70, NEXTDC’s share price has moved to A$14.95, with a 1-day share price return of 2.47% and a year to date share price return of 19.22%, while the 1 year total shareholder return sits at 15.86%. This...