NXT 0.97% $17.63 nextdc limited

Stevo - I'll try keep in non tech terms. NXT is one of the...

  1. 23 Posts.
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    Stevo - I'll try keep in non tech terms. NXT is one of the larger players in Australia but not globally. They have 9 DC's in Australia. The main competitor in Aus is Equinix, listed on the NASDAQ (EQIX) with 12 DC's in Aus and 200+ globally. You will find most DC (cloud storage) and IP Transit (bandwidth) providers have fared well through COVID-19 as demand increased for 'cloud' based services with home workers (think Zoom). Companies will invest more into remote working and beneficiaries will be companies like NXT and EQIX. Also companies like MP1 & SLC (IP Transit providers) have had a strong bounce back from the initial COVID-19 sell offs as demand increased for their services. DYOR.

 
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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