Ann: Macquarie Telecom Group expands Data Centre Services Deal, page-14

Cannacord must be getting their research here on the HC threads where we have previously highlighted the P/E of 9ish and in the right sector to trade at a higher P/E at some point.

One caveat with MAQ in context of discussing NXT - only a relatively small part of MAQ's revenues come from the data hosting (DC) business. I ran some numbers on it 1-2 months back, I can't recall precisely what I found but it's a smallish part of the pie.

For this reason she won't trade at the P/E of NXT any time soon, but I note that MAQ are moving to expand the DC business in an orderly way. I really hope they ramp the crap out of it because that's where almost unlimited growth awaits.