Positive sign in my opinion. They are essentially betting on themselves to originate $178m in new loans that will be profitable and potentially yield higher returns than the loans they are selling through securitisation.
I think that uncertainty about macro conditions is the main factor holding the share price back. Hoping for a good Q4 update soon.
Ann: MONEYME executes $178m ABS transaction, page-5
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $92.00M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $3.792K | 33.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 995839 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 130754 | 4 |
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| Last trade - 12.05pm 17/10/2024 (20 minute delay) ? |
| MME (ASX) Chart |