NXT has contracted 60MW of capacity in the last 6 months. This is more than they sold, cumulatively, in their first 10 years of existence. Orders of this magnitude take time to physically install so don’t materially move the dial on revenue until FY25 - The market got a little spooked by the cost outlook and the amount of capex. Personally i think there's a tidal wave of demand coming and NXT are primed to take first mover advantage if they spend the capex which they are. Accumulate more on any dips imo - DYOR as always - my average cost currently around $7
Ann: FY23 Results Presentation, page-12
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Last
$17.52 |
Change
-0.220(1.24%) |
Mkt cap ! $10.52B | |||
| Open | High | Low | Value | Volume |
| $17.62 | $17.75 | $17.46 | $39.87M | 2.265M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5186 | $17.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.52 | 1504 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$17.55 |
Change
-0.220 ( 1.22 %) |
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| Open | High | Low | Volume | ||
| $17.66 | $17.75 | $17.47 | 452026 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| NXT (ASX) Chart |