Bear case from none other than Respeculator. Commenting on where NextDC can find the energy supply to provide the GW

I only follow him mainly because of his mathematical mind.

https://twitter.com/respeculator/status/1762713738296414378

I'm not sure how correct this is as I don't know enough about the energy marketplace.

I'm sure NextDC can find some source by constructing a few solar panels/wind turbines near their Data Centres? :)

NextDC is raising equity for global expansion into the Asia Pacific.

Not surprisingly the share price has held up quite well despite the discount (10.80)

Thought I'd start the discussion as no one else had discussed it.

So is the share price expensive?

Using the Real option method by Damodaran and assigning a higher prob of success versus failure because of better management and also being a top ASX listed firm.

Think this might be a good raise and maybe better than AMI. Again not advice and my figures could be wrong. Personally I'm waiting till the entitlement raise is over and see how the share price behaves.

For anyone who is interested and has time and love maths and probability, you can read the paper by Damodaran here