RBC have reiterated their $6 target price for MP1 (rounded from $6.23) in its latest note.
This still uses a cost of equity of 20%....seems a little high for me.
The crux is that there’s huge opportunity in France, India, Japan and China to the hyper scale providers once they MP1 can potentially access in those locations.
Lots of oppprtunity still when you see DCs connected to compared to total DCs that could be connected to.
Appear to be making good progress with Alicloud (Alibaba) too.
All makes me want to buy more.
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Last
$15.01 |
Change
0.380(2.60%) |
Mkt cap ! $2.428B | |||
| Open | High | Low | Value | Volume |
| $14.81 | $15.18 | $14.80 | $38.26M | 2.549M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8764 | $14.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.04 | 8 | 2 |
View Market Depth
| Last trade - 16.12pm 19/09/2025 (20 minute delay) ? |
| MP1 (ASX) Chart |