Was able to do a bit of reading on the new service offering MCR over the weekend.
As already outlined by analysts, this product significantly opens up the total addressable market for MP1 as it pushes up to layer 3 offerings and provides a great value prop.
It really is a clever play and has Bevan’s strategic thinking all over it. The original products and demand driven for that has in turn allowed them to build out an extensive fabric that they can now leverage to provide even more efficient and direct connectivity for customers of all levels of sophistication.
Very well played......I’ve said it before but MP1 will be spoken about in the same breath as Atlassian in the Australian tech space.
MP1 Price at posting:
$3.78 Sentiment: Buy Disclosure: Held
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