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An announcement from Megaport ( (AU:MP1) ) is now available.
Megaport Limited has adopted a new Securities Trading Policy, which outlines the legal framework regarding insider trading. This policy applies to employees, contractors, directors, and other individuals associated with the company, detailing when they can trade in Megaport’s securities. The policy aims to ensure compliance with the insider trading provisions of the Corporations Act, emphasizing the prohibition of trading based on ‘inside information.’ Violations of this policy can result in significant penalties, including fines, imprisonment, and disciplinary actions such as termination of employment.
The most recent analyst rating on (AU:MP1) stock is a Hold with a A$16.00 price target. To see the full list of analyst forecasts on Megaport stock, see the AU:MP1 Stock Forecast page.
More about Megaport
YTD Price Performance: 100.95%
Average Trading Volume: 715,921
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.4B
See more insights into MP1 stock on TipRanks’ Stock Analysis page.