When NextDC's epicurean chief Craig Scroggie bought a top-of-the-line Ferrari in 2018, the data centre company's share price was below $7 a pop. These days it's above $12. So as far as Scroggie's garage goes, it must be time for an upgrade.
Scroggie must agree, given he's flogging off his black Ferrari 488 for $459,990 (plus government charges). And we highly doubt it's because he's developed a taste for modesty.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
