Also seem plenty of leverage in the data centres at 61% capacity...

Also seem plenty of leverage in the data centres at 61% capacity and growing strongly with rack uptake although long term pure cloud may have some impact on data centre growth although not sure. But yes the fibre assets offer massive leverage for VOC as it offers a virtual moat type business. Capex spend going down strongly will see a big lift in the bottom line. Now my largest holding by a considerable margin having been a holder since first week or so of listing but not contemplating writing the portfolio lopsidedness. The more lopsidedness the better which looks a formality.