Well the market is ok with it I had a hunch it might get smashed actually as most goid reports have been
As for spending it's the type of business that in the initial building of it that will be the case the fact they are now set to increase profits year on year is encouraging to say the least
Il hold but have a couple of low bids in as well with a trailing stop on my current position around 3.60 as im loathe to give up a very healthy profit
You make some good points but it's the top line for me making for continued growth in my view that is key going forward
This cloud space really is still in a very early growth phase an it's exciting to be part of the ride by 2020 this space will be all the rage amongst large companies looking for secure data storage an govt it's still relatively new to a lot of companies
I think what contracts they Aquire will be very good for them
If you can get it cheaper great you might but I cant see them ever going below 3.50 again going on the outlook FY 17
NXT Price at posting:
$3.94 Sentiment: Buy Disclosure: Held
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