MP1.AX is trading 3.3% up at $21.12 as investor enthusiasm builds over major AI infrastructure contracts and a successful $827.3 million capital raising.

  • The capital raise saw near-full institutional take-up, reinforcing confidence in the company’s growth strategy and funding position.
  • Gains are supported by four large AI infrastructure deals and a generally constructive sentiment across the broader technology sector.
  • The current move extends a strong rebound from late-June levels, signaling renewed market confidence.