GDC 20.2% $2.80 global data centre group

Ann: Successful completion of capital raise, page-8

  1. 77 Posts.
    lightbulb Created with Sketch. 45
    Im frustrated by the low share price too, but I'm sticking with TDI.

    Certaintly flys under the radar, gets none of NXT's premium to NTA. This is a perception & marketing issue, and a problem if you want to sell. But the underlying value is there IMO.

    Yield to date has been good.

    The investments the company is making seem sound, if a bit of an oddball mix. They have to extract more value from the european assets, where the seller presumably couldn't. The Airtrunk stake is difficult because we don't know what we've bought, just what the price was.

    I see management behaving competently and incrementally executing a viable plan. The lack of a SPP in the cap raise isn't great for retail holders, but has to be forgiven as a "short cut" in a fairly low profile stock with few retail holders.

    Just a waiting game for the market to catch on to this stock..
 
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