Thanks for sharing your perspective Kate. What does Next DC look like on the revenue revisions to share price chart? I imagine very similar to the other WAAXX companies?
Hi Lawrence, apologies for the delay in responding to your question (we've only just seen it!). NXT's share price is up ~75% YTD, vs consensus expecting a ~3% decline in FY21 EBITDA. As Katie references in the piece, out thesis on NXT is significantly underpinned by the recurring nature of the company's revenues. Once corporates choose a data centre, they tend be very sticky customers.