I concur, market updates for decent players exposed to data, web traffic, cloud, DCs have been outstanding since COVID-19.
I also agree that the notion of this reversing once restrictions ease is incorrect. Once big operators go to the effort and expense of moving large chunks of their business to the cloud, it's not something that will be reversed - it is only something that will grow over time as those businesses continue to move all their data to a cloud based system over time.
I'm surprised DTL isn't already back to around $5.
I concur, market updates for decent players exposed to data, web...
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Last
$7.54 |
Change
-0.010(0.13%) |
Mkt cap ! $1.168B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.63 | $7.51 | $2.994M | 396.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16375 | $7.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.57 | 1860 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| DTL (ASX) Chart |