# MEGAPORT LIMITED

> Australian public company

**Wikidata**: [Q109625741](https://www.wikidata.org/wiki/Q109625741)  
**Source**: https://4ort.xyz/entity/megaport-limited

## Summary
MEGAPORT LIMITED is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker symbol MP1. It operates as a joint-stock company, offering its securities to the general public for investment and trading.

## Key Facts
- **Public Company Status**: MEGAPORT LIMITED is classified as a public company, meaning its securities are available for purchase by the general public.
- **Stock Exchange Listing**: It is listed on the Australian Securities Exchange (ASX) with the ticker symbol MP1, having gone public on December 17, 2015.
- **Market Capitalization**: As of November 18, 2021, its market capitalization was AUD 3,449,114,692.
- **Legal Structure**: It is a type of joint-stock company, a distinct legal form of organization that allows for public ownership and trading of shares.
- **Ownership**: Ownership is distributed among public shareholders, who can buy and sell its securities on the ASX.

## FAQs
**What is MEGAPORT LIMITED?**
MEGAPORT LIMITED is an Australian public company whose shares are traded on the Australian Securities Exchange (ASX) under the symbol MP1. It allows investors to buy and sell its securities publicly.

**When did MEGAPORT LIMITED go public?**
The company was listed on the ASX on December 17, 2015, under the ticker symbol MP1.

**What is the market capitalization of MEGAPORT LIMITED?**
As of November 18, 2021, MEGAPORT LIMITED had a market capitalization of AUD 3,449,114,692.

**How is MEGAPORT LIMITED different from a private company?**
Unlike a private company, MEGAPORT LIMITED’s shares are publicly traded on the ASX, allowing anyone to invest in it. Private companies restrict share ownership to a limited group of investors.

## Why It Matters
MEGAPORT LIMITED plays a role in the Australian and global financial markets by providing a publicly traded investment opportunity. As a public company, it contributes to capital formation, allowing investors to participate in its growth while adhering to regulatory transparency standards. Its presence on the ASX facilitates liquidity and investment diversification for shareholders.

## Notable For
- Being a publicly traded company on the Australian Securities Exchange (ASX) under the symbol MP1.
- Achieving a market capitalization of over AUD 3.4 billion as of 2021.
- Operating as a joint-stock company, enabling broad public ownership and investment.

## Body

### Definition and Core Characteristics
MEGAPORT LIMITED is an Australian public company, meaning it offers its securities (such as stocks) to the general public for trading. This structure allows it to raise capital from a wide pool of investors, distinguishing it from private companies that restrict share ownership.

### Stock Exchange and Listing Details
The company is listed on the Australian Securities Exchange (ASX) under the ticker symbol MP1. It became a publicly traded entity on December 17, 2015. As of November 18, 2021, its market capitalization was AUD 3,449,114,692, reflecting its valuation in the public market.

### Ownership and Governance
Ownership of MEGAPORT LIMITED is distributed among public shareholders who purchase its securities on the ASX. Governance is typically overseen by a board of directors elected by shareholders, ensuring accountability and strategic direction.

### Legal and Structural Classification
MEGAPORT LIMITED is classified as a joint-stock company, a legal form that allows for public ownership and trading of shares. This structure is fundamental to modern corporate finance, enabling large-scale capital raising and investor participation.

### Financial and Market Data
The company’s financial standing is reflected in its market capitalization, which was recorded at AUD 3,449,114,692 in 2021. This figure represents the total market value of its outstanding shares, indicating investor confidence and market position.

### Regulatory and Compliance Framework
As a public company, MEGAPORT LIMITED is subject to regulatory disclosure and reporting standards set by the ASX and other financial authorities. These requirements ensure transparency for investors and the public, reinforcing trust in its operations.

### Global and Industry Context
While primarily an Australian entity, MEGAPORT LIMITED operates within the broader framework of global public companies. Its listing on the ASX aligns it with international standards for publicly traded corporations, facilitating cross-border investment and market participation.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)