NextDC Information Technology
Cloud Datacentre

$12.58 0.09 (0.72%)

High $12.64	Low $12.36	Trades 4,732	Turnover $16,158,242	Volume 1,285,031
30 June 2023 at 4:12pm

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Market Cap (15-Nov) $7,902,786,560 (112th)	Close (30-Jun) $12.58 0.09 (0.72%)	Volume (30-Jun) 1,285,031	Shortsold (9-Nov) 120,159,953 (15.82%) (4th)
52w High $16.78	52w Low $5.07	P/E 2,000.00	EPS 0.12

Is NXT altering its strategy, away from premium datacentres?

36 posts

The market had somewhat shifted a few years ago in my opinion, with Airtrunk taking advantage of that.

I just hope that NEXTDC isn't playing catch up in the hyperscale datacentres.

NXT was $13.06 at the close prior to posting, it is now around $0.48 (3.68%) lower · Drone had a buy/held disclosure

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2 posts

Yes. It clearly is, because it has to.

No reason it can't do both.

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Date	Close	Volume	Change
13-Nov	$10.03	2,412,684	-0.36 (3.46%)
12-Nov	$10.39	9,217,621	+0.03 (0.29%)
11-Nov	$10.36	4,687,767	-0.43 (3.99%)
10-Nov	$10.79	7,957,083	+0.27 (2.57%)
09-Nov	$10.52	6,946,710	+0.12 (1.15%)
06-Nov	$10.40	18,611,886	+0.55 (5.58%)
05-Nov	$9.85	81,165,267	+3.32 (50.84%)
04-Nov	$6.53	17,539,765	+0.26 (4.15%)
03-Nov	$6.27	8,153,727	+0.32 (5.38%)
02-Nov	$5.95	11,145,328	+0.08 (1.36%)
30-Oct	$5.87	12,190,968	-0.30 (4.86%)
29-Oct	$6.17	12,039,842	-0.12 (1.91%)
28-Oct	$6.29	16,965,184	+0.54 (9.39%)
27-Oct	$5.75	13,104,350	+0.21 (3.79%)
26-Oct	$5.54	14,339,211	-0.07 (1.25%)
10 up, 5 down, and 0 flat days