MXO 5.88% 1.8¢ motio ltd

Good turn around of the business thus far, excited to see FY23...

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    Good turn around of the business thus far, excited to see FY23 results; on the OML cafe acquisition they stated

    ”We are very pleased to have been able to acquire these networks through non-dilutive funding provided by oOh! Media with interest-only payments for the first 12 months.Unlike the significant capital requirement of the Medical Media acquisition, these networks are in decent shape and require only minimal investment of capital (~$250K)”.

    Hopefully translates to positive cashflow for the year.
 
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