To be fair its not just NXT.
- All growth stocks have been sold off.
- US DataCentre stocks are off, look at Equinix (EQIX) from > $480 to now < $350.
- US Tech Stocks have been sold off.
- Assumptions around growth are being questioned.
- NXT is currently going through a Capital Intensive Build Phase. That will really show up over the next few reports at a time revenue growth is constrained.
- Won't start seeing Revenue meaningfully build for another 18 months in terms of S2. So its a bit of a lull period.
- Project revenue will be smoothed over a longer time period going forward (over the length of the contract) rather than being booked upfront).
The arguements are definitely there for short term price weakness (especially given the whole market self off/higher volatility.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$14.49 |
Change
0.420(2.99%) |
Mkt cap ! $9.279B | |||
| Open | High | Low | Value | Volume |
| $14.23 | $14.59 | $14.18 | $34.84M | 2.412M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12952 | $14.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.58 | 392 | 2 |
View Market Depth
| Last trade - 16.18pm 24/06/2025 (20 minute delay) ? |
| NXT (ASX) Chart |