NEXTDC Limited (NXT) is a Data-Centre-as-a-Service (DCaaS) provider offering a ange of services to corporate, government and IT services companies

Mathan Somasundaram

Deep Data Analytics

NEXTDC Limited (NXT) is a Data-Centre-as-a-Service (DCaaS) provider offering a ange of services to corporate, government and IT services companies. NXT four main services are Cross Connects, Rack Space, ID Access Cards (IDACs) and Remote Hands served through its five data centre facilities across Australia. NXT share price has fallen from over $2.80 to below $1.70 in the past year with heavy shorting currently in place. NXT has just released a market update and that should drive short covering. Expect the stock to recover closer to $2 in the short to medium term.


1 topic

Mathan Somasundaram
Founder & CEO
Deep Data Analytics

Over 25 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.