A very reassuring talk. Will be interesting to see which of the two directions they decide to take:
a) Investing in new data centres to create more capacity while they are on a roll; or
b) Wait and let revenue build to 'prove' to the market that their model works.
Personally I'd go with option A. If they're confident the model works then it will be proven to the market in the long term anyway.
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$14.38 |
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| Last trade - 16.13pm 25/07/2025 (20 minute delay) ? |
| NXT (ASX) Chart |