Many fintech / non-bank lenders are trading pretty low. For MME, the way I rationalise it is about the lack of visibility in terms of metrics going forward, couple with lack of growth. I read the FY23 presentation again, and it lacks quantified guidance for FY24. The 11% NIM comes as a surprise when that FY23 presentation cheers the stable 12% NIM despite a higher quality portfolio.
Many fintech / non-bank lenders are trading pretty low. For MME,...
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $104.0M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $45.03K | 356.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16147 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 134280 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MME (ASX) Chart |