NXT build data centres (just big storage areas) where companies like Facebook and Google lease space so that every time you post on FB or do something with Google, they can keep a record of it. When people talk about "Cloud computing", what they mean are physical (often 3rd part) storage facilities.
NXT, from my understanding, build quality data centres with built in power supply redundancy, and so have a customer base that is willing to pay a little bit extra for guaranteed up time.
NXT is a bit like a Transurban - it costs heaps to build the infrastructure, but once built, the margins can be as a high as 70%.
HT1
NXT build data centres (just big storage areas) where companies...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$14.34 |
Change
0.090(0.63%) |
Mkt cap ! $9.183B | |||
| Open | High | Low | Value | Volume |
| $14.28 | $14.45 | $14.19 | $30.38M | 2.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 184 | $14.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.41 | 36650 | 5 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| NXT (ASX) Chart |