Happy Friday all,
I think Monday's FY21 will be the catalyst for this to massively rerate.
This is such high quality business, no human touch, instant approvals (or 3 hours for autopay = gamechanger).
Latitude paid $200m for a Symple which has 10% of the revenue of MME and an approval process in days not instant.
MME should be at least 5x (and even 10x) more than Symple, there is a reason MME walked away from the acquisition by Latitude, they know what they've got and it is worth so much more.
Can't see this still being in the $2 range much past results.
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $100.0M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $171.1K | 1.330M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 270791 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 65430 | 3 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| MME (ASX) Chart |