It's what the Goldman Sachs note suggested and I'd imagine the analyst had reasonable access to the MP1 EMT to understand their intentions.
I think MP1s current cash position is looking healthy at $38m...thoughts?
What I am impressed with is the aspirations to be in 55 more data centres (installed rather than the new metric of enabled) by 30 June 2019. This is a ~22.5% growth rate over the next 6 months in total data centres that MP1 will be installed in. Surely this is massive for the network effect. I didn't expect that forecast for additional DC growth (yes for customers and services growth).
Over the past six month period, MP1 has only had twenty four more installed DC (10% growth).
2 questions
1. Interested to know what is driving this and if it is realistic?
2. How much is this likely to equate to in capex need - could mean a raising earlier than 2020?
It's what the Goldman Sachs note suggested and I'd imagine the...
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Last
$13.55 |
Change
0.240(1.80%) |
Mkt cap ! $2.160B | |||
| Open | High | Low | Value | Volume |
| $13.50 | $13.67 | $13.45 | $4.433M | 326.8K |
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| No. | Vol. | Price($) |
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| 1 | 2056 | $13.53 |
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| Price($) | Vol. | No. |
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| $13.58 | 300 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$13.57 |
Change
0.240 ( 1.34 %) |
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| Open | High | Low | Volume | ||
| $13.53 | $13.65 | $13.45 | 182615 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
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