@Fleasbarn@HotCopter I think we are all familiar with how the business model works.
My question was not why is there CapEx but why the CapEx increase in FY20 with 2 months to go.
After reviewing the 4th March 2020 announcement again I realised there was a CapEx increase then too. I thought there wasn't one. My bad.
It is crazy that in the 1st May announcement there are over 33MW in expansion options in M2. I get the feel Craig and NXT are getting these expansion options into the contracts to help secure this "Sovereign Wealth" fund to bank roll the next round of capital.
I am itching at the bit to see the FY21 forecast when results get released in August.
What's in the News, page-342
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Last
$16.40 |
Change
-0.030(0.18%) |
Mkt cap ! $10.50B | |||
| Open | High | Low | Value | Volume |
| $16.30 | $16.44 | $16.21 | $12.57M | 767.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5407 | $16.36 |
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| Price($) | Vol. | No. |
|---|---|---|
| $16.43 | 19801 | 1 |
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| NXT (ASX) Chart |