MPR 7.69% 1.4¢ mpower group limited

Ann: MPower Expands Pipeline of Renewable Energy Sites to Nine, page-4

  1. 1,357 Posts.
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    Not price sensitive since it is only site acquisition/exclusivity. Once they build something on there or achieve grid connection will be price sensitive.

    Nonetheless this stock is due a rerate. It has all the hallmarks of serious growth potential:

    - Management own significant % of company: well motivated!
    - ESG credentials are off the charts, renewables and sustainability is the hottest space and the future!
    - Oversubscribed capital raise with the SP holding well above the raise price of $0.085
    - Build Own Operate strategy is a value add and will generate recurring revenue
    - 22% revenue growth in the half, with positive swing to EBITDA

    I'm very excited for where this company is going in years to come.

    Wolf
 
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1.4¢ 1.4¢ 1.4¢ $7.259K 518.5K

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Last trade - 14.14pm 07/06/2024 (20 minute delay) ?
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