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NextDC's chief executive said he is 'mortified' as rivals raid its shares during the upheaval over the $1.5bn Melbourne project.
Rivals accumulating NextDC shares during a project upheaval can shift the shareholder register and governance dynamics of a listed APAC operator, affecting its access to capital ahead of new builds.
Trade pressSlicast · November 9, 2026 at 13:21 UTC · US · Source: The Australian
importance 52NextDC's CEO says he would be "mortified" to sell any of the company's land bank, but a hostile share raid and a stalled Footscray project may leave him little choice.