MME 0.00% 11.0¢ moneyme limited

Ann: Investor Presentation - FY22 Results and Capital Raise, page-84

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  1. 6,261 Posts.
    lightbulb Created with Sketch. 1559
    I can't seem to vote yet.

    "This Meeting has not started. Please return at the scheduled start time."

    In Sydney and online -
    https://meetings.linkgroup.com/agm/MMEEGM1022/register

    Date & Time
    Tuesday, 11 October 2022 at 11.00am (AEDT)

    Vote yes, so the instos can get a bit more, and the directors can buy their $1.2m. It is good for the company. It's only bad in terms of dilution, but if you're worried about that, then buy some now on market for <$0.50 and vote yes anyway.

    I'm assuming the directors have a lot of net worth tied up in MME shares, with far less liquid cash. So even if they have $50m of shares, buying $1.2m will still be a vote of confidence from them. The documents sound like they'll participate for the $1.2m rather than reneg or buy on market. So retailers with cash on hand are at an advantage right now.
 
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