Australia's largest stock trading and investment forum Australia's #1 stock forum

MME

Click for more information

0.00%

6.2¢ moneyme limited

Oh what's missing from the annual report you are waiting on etc?...

First 8 Last

Share
Profile

Follow
mhkforevermci

3,043 Posts.

225

05/08/23

20:40

Post #: 69180017
Share

Originally posted by danbradster: ↑

Same could be said how we're trading below the $0.50 placement price.

But I agree with the logic.

Company raised cash at $0.08. They've reduced risk at that price (reduced debt, improved ratios). $0.07 is better value than was gained by all who participated in that raising.

As long as it's a true 'mispricing'. Not just 'updated' pricing, because of updated assumptions since then.

From the quarterly, I'm missing some important info that I have to wait for the annual report to get. So it's hard for me to say whether the company is in a stronger or weaker position in the months after the raising (other than the de-risking from the cash itself).

Expand

Oh what's missing from the annual report you are waiting on etc? Thanks

MME Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 8 Last

Add MME (ASX) to my watchlist

(20min delay)
Last 6.2¢		Change 0.000(0.00%)		Mkt cap ! $49.60M

Open	High	Low	Value	Volume
6.3¢	6.3¢	6.2¢	$10.32K	166.1K

Buyers (Bids)

No.	Vol.	Price($)
2	100920	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	100000	1

View Market Depth

No.	Vol.	Price($)
6	189411	0.061
4	105000	0.060
1	12501	0.059
5	241033	0.058
1	35087	0.057

Price($)	Vol.	No.
0.065	68044	1
0.066	100000	1
0.067	8200	1
0.068	33973	1
0.069	20350	1

Last trade - 11.04am 16/05/2024 (20 minute delay)


Last 6.1¢			Change 0.000 ( 7.58 %)
Open	High		Low	Volume
6.3¢	6.3¢		6.1¢	77937
Last updated 11.04am 16/05/2024 ?

MME (ASX) Chart

SPONSORED BY