Just had another look at the recent update CS gave Morgans on youtube. Hadn’t picked it up last time how he mentioned only 20% of enterprise had already made the shift to the cloud. Wow. That’s pretty incredible when you think about it. Imo there will be years of playing catch up not just by NXT but by everyone. The amount of devices being connected on a daily basis along with already established companies moving to cloud computing is going to lock in many years of growth. NXT p/e may seem high at the minute but another couple of years of 40% compounded growth and $7 will look like a steal. Aimho and gltah
NXT Price at posting:
$7.20 Sentiment: Hold Disclosure: Held
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