yea bnpl was the biggest bubble, they've popped long time ago....

yea bnpl was the biggest bubble, they've popped long time ago. NXT is the biggest bubble now, it has little to no moat being a simple REIT with valuation in the exosphere, a ton of new DCs from competitors will come online soon (nxt has nothing to distinguish themselves, other than being an australian company). mega cap tech like microsoft are building their own DCs in australia. plus massive pull forward growth due to covid, much higher yields affecting NXT's exospheric valuation, and being a REIT bond proxy, and very high debt ratios reduce OPCF because of higher interest payments.

CDA does rise when asx tech rises, but any rally is sold into and it closes weak, so it appears to ignore tech movement.

PPK, that's the definition of pump & dump.