I suspect that the APDC purchase is about providing customer security. It provides customers with assurance that they will not have to relocate in the future. Again, and this is pure hypothesis, I suspect NXT has not won some customers due to the potential risk about renting rather than owning. This purchase could be driven by the customers.
HT1
News: NXT NEXTDC posts FY statutory net profit after tax of $23.0 mln, page-16
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Last
$17.77 |
Change
-0.120(0.67%) |
Mkt cap ! $10.65B | |||
| Open | High | Low | Value | Volume |
| $17.87 | $17.96 | $17.71 | $9.621M | 540.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 2634 | $17.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.77 | 2077 | 26 |
View Market Depth
| Last trade - 15.24pm 07/06/2024 (20 minute delay) ? |
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Last
$17.77 |
Change
-0.120 ( 0.64 %) |
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| Open | High | Low | Volume | ||
| $17.98 | $17.98 | $17.70 | 205768 | ||
| Last updated 15.43pm 07/06/2024 ? | |||||
| NXT (ASX) Chart |