I had ruled out "blastoff" and was expecting a more measured and steady increase in the SP as MME continue to firm up its fundamentals. With the current market readjustment – on the back of fears of a global recession – I'm now of the view that investors may be willing to look to up-and-coming stocks to maximize their returns: I believe MME may fit the bill and could benefit from value-seeking investors. Perhaps I'm unrealistic in thinking we can avoid being caught up in the current onslaught as investors sell-off equities – I guess time will tell.
Not that it's anything that hasn't already been announced, but I'm pleased to increasing media coverage of MME's improving results. Below is a link to another MME article. Whilst it's mostly a 'copy & paste' of the Q4 trading update, articles such as this may land MME on a few more watchlists, which can only be a positive thing IMO.
https://www.brokernews.com.au/news/breaking-news/moneyme-reports-strong-loan-growth-285296.aspx
I haven't sold a share, and despite a volatile SP, I have continued to make small purchases, increasing my MME holding. I love a good underdog story. Maybe I'm crazy... we'll see.
- Forums
- ASX - By Stock
- Ann: 4Q24 Trading Update - Growth and strong loan performance
I had ruled out "blastoff" and was expecting a more measured and...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
Add MME (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.7¢ |
Change
0.013(15.5%) |
Mkt cap ! $77.60M |
Open | High | Low | Value | Volume |
8.6¢ | 10.5¢ | 8.6¢ | $371.3K | 3.997M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1621 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 245887 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1621 | 0.093 |
1 | 82834 | 0.091 |
2 | 76877 | 0.090 |
1 | 3109 | 0.082 |
1 | 60031 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 245887 | 1 |
0.099 | 154398 | 2 |
0.100 | 65632 | 4 |
0.105 | 601818 | 7 |
0.110 | 1157489 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
MME (ASX) Chart |