I think it's more of a case of something to just keep in mind. There are other large competitors out there with comparable facilities.
As has been seen with the takeup in M1 & S1, it so far hasn't presented much of an issue. Which suggests the supply demand balance has been good. With lots of competition but, there is the risk of overbuilding and oversupply, which could attack margins.
NextDC has made the decision to go ahead with M2 & S2, only need a couple of other competitors to do the same and you will end up with a temporary oversupply.
Takeup in P1 & C1 has been pretty anaemic but, which means supply and demand aren't so good.
NXT Price at posting:
$3.68 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)