MME 3.90% 7.4¢ moneyme limited

Ann: Investor Presentation - Capital Raising, page-97

  1. 418 Posts.
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    The biz will need to reach $100m of annual earnings to justify a $2 share price (c. 15x earnings). The earnings run-rate is $50m, so it would need to double earnings from the current run-rate. I tend to believe it is more likely than unlikely over a 5-year time frame, otherwise I wouldn't own the business.

    I hope Management have learned from their mistakes and won't dilute us along the way to buy inferior businesses. They have nearly 5x the share count in the last 24 months.
 
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