I’ve read the Evans report, there’s nothing in there you don’t already know. Just extremely bullish sales assumptions in the medium and long term (MW and Pricing). It assumes S2, S3, M2, and M3 selling at ~90% of current pricing. This is different to most brokers who foresee pricing coming down for the larger sites which need hyperscale deals to fill them up in a reasonable timeframe. It’s the operating leverage, combined with these bullish pricing assumptions, that drive such a high valuation
NXT Price at posting:
$6.13 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)