Cmon guzzman. Some fair comments there however let’s not make out they are only increasing 5 MWs per year. Fy20 saw an increase of 17.4 MWs. Scroggie has said for years sales are lumpy. Are they just building tge most expensive, unwanted dc’s on the planet. I for one think not. Rome was not built in a day. Everything we do as consumers is now moving to the cloud. Has been for a while I know, but let’s not forget that this is becoming the new norm and there is still a massive lag with companies moving there infrastructure to the cloud. We are a premium product that in turn charges a premium price. I think we will still be concentrating on these “premium” sales along with government for a few more years yet until the bigger dcs are built and opened. I have no doubt, if management wanted to lower their prices ( and our returns) to fill our dc’s quicker, they could. I hope they don’t. Patience pays. Gltah
NXT Price at posting:
$11.83 Sentiment: Buy Disclosure: 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)