The truth is, there is a lot of competition now coming out of the wood work. CDC, Digital Realty, Equinix, Airtrunk, MAQ, just to name a few, all have major plans for >100MW.
NextDC is in a completely different market position to just 4-5 years ago when it was looking like being in a dominant position with Equinix.
Data Centre's are in a position to get a much better ROIC once completely utilised. But they take longer to get to full utilisation, compared to say someone leasing apartments or industrial units.
NextDC got the thematic right, but I don't think their execution has been very good.
The truth is, there is a lot of competition now coming out of...
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Last
$17.04 |
Change
0.510(3.09%) |
Mkt cap ! $9.807B | |||
| Open | High | Low | Value | Volume |
| $16.80 | $17.15 | $16.73 | $23.81M | 1.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | $17.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.07 | 763 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$17.11 |
Change
0.510 ( 3.41 %) |
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| Open | High | Low | Volume | ||
| $16.84 | $17.14 | $16.73 | 405549 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| NXT (ASX) Chart |