Hi Guys,Today's results were very underwhelming in my eyes for...

Hi Guys,

Today's results were very underwhelming in my eyes for the following reasons.

- Outside of the S2 bringing forward 8MW (which was already announced in Nov 2018) there was no additional "Build in Progress" change from the previous 6 months. 
- M2 and B2 had no material contracts in the last 6 months. Outside of the S2 contracting 9.7MW there was only 0.6MW contracted between Melbourne, Brisbane and Perth
- on today's conference call there appears to be a lot of retail customers (higher margins) in M2 and B2 and not the anticipated large contracts. 

- However there was a BIG positive from today's report which was the advancements in S2 build out. They have built out the 5MW simultaneously while continuing the datacentre build. Just an amazing engineering feet. I went to the S2 site recently and i though we were behind schedule but NXT have a continuously build process and have fitted out the data halls for the initial 5MW contract. 

I have decided to offload 50% of my NXT today as I believe the tech sector has run up really high and am looking to buy back into NXT at lower prices with expected volatility over the coming months . Just hoping there is no takeover in the mean time

p.s. the share price at posting is is at 6.79 at the time of posting just a lag in the hot copper price feed.