The buildings that NXT occupies are highly customized towards their specific purpose. If NXT leases the buildings instead of owning them then the owners have a significant advantage over NXT when rent review time comes around. Moving any one of Next DC's data centers would be a massive undertaking, not to mention cause disruption to their customers. I think it's the nature of the business that NXT would need to own the premises it occupies or at least maintain 51% control over it to prevent it being leased to competitors... also to protect itself from these types of tactics from the likes of 360.
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Last
$14.28 |
Change
-0.065(0.45%) |
Mkt cap ! $9.173B | |||
| Open | High | Low | Value | Volume |
| $14.51 | $14.63 | $14.24 | $8.502M | 591.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 960 | $14.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.28 | 2217 | 12 |
View Market Depth
| Last trade - 13.37pm 27/06/2025 (20 minute delay) ? |
| NXT (ASX) Chart |