If that is the case around Melbourne, I think its essential they...

First 15 Last

Share
Profile

Follow
MilkLover

82 Posts.

2

12/03/19

10:10

Post #: 37729281
Share

Originally posted by Nige456: ↑

hi guys. i spoken to investor relations as nxt stock dropped massively.

Main concern like others on here, was the lack of uptake in Melbourne. They explained that their uptake is consistent with the industry landscape. Major players equinix, and others aren't doing any material deals in Melbourne. Its only sydney right now. E.g. Equinix announced a huge data centre in sydney recently. Industry is struggling to fill the demand in sydney currently. This explains NXT's weak performance in melbourne.

Overall, business wise, they are tracking good , because sydney is doing so well.

Like the industry, they are hopeful melbourne will grow again. Initially melbourne was the one that grew first, now its all Sydney. Melbourne's population is similar in sydney, so they are hopeful that major players will uptake melbourne like sydney, at some stage.

I agree, market would like to see traction in melbourne and perth to drive a re-rate back to where it was. However as long as Sydney tracks well above, then we should be fine overall, growth wise. There is still a lot of signings not showing up in the revenue- lag effect.

Long term structural thematics - AI/big data, are still there on a 10-15 year view.

Expand

If that is the case around Melbourne, I think its essential they start to push S3 through the planning process and try get this off the ground as soon as possible.

NXT Price at posting: $6.18 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

NEU

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

PAR

Paradigm adds new oral combo IP to osteoarthritis drug stable with $500K pick-up

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

First 15 Last

Add to My Watchlist

What is My Watchlist?

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)
Last $14.39		Change 0.140(0.98%)		Mkt cap ! $9.218B

Open	High	Low	Value	Volume
$14.28	$14.45	$14.19	$11.07M	772.2K

Buyers (Bids)

No.	Vol.	Price($)
7	302	$14.39

Sellers (Offers)

Price($)	Vol.	No.
$14.40	6045	40

View Market Depth

No.	Vol.	Price($)
13	751	14.390
21	2760	14.380
8	1794	14.370
7	1708	14.360
9	3121	14.350

Price($)	Vol.	No.
14.400	3215	18
14.410	7367	19
14.420	3772	14
14.430	3882	12
14.440	5581	11

Last trade - 13.50pm 26/06/2025 (20 minute delay)

NXT (ASX) Chart

If that is the case around Melbourne, I think its essential they...

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Paradigm adds new oral combo IP to osteoarthritis drug stable with $500K pick-up

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Australia’s gas crisis is here – and dying coal plants aren’t helping

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

If that is the case around Melbourne, I think its essential they...

Top Stories

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Paradigm adds new oral combo IP to osteoarthritis drug stable with $500K pick-up

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Australia’s gas crisis is here – and dying coal plants aren’t helping

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News