MME 1.32% 7.5¢ moneyme limited

Ann: MONEYME completes SPP following corporate debt paydown, page-37

  1. 724 Posts.
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    I don't think we will get a takeover offer for at least 6 months. Any bidder will want to see how the business performs in a high Interest environment. I expect Thorn/Somers will drift up the register. I went into the SPP to avoid dillution but would not want to put more in until we get some visibility. I see 20c as a reasonable medium range target 6-12 months. My average buy price is still 27c so a long way to go. (bare a takeover bid)
 
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