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6.9¢ moneyme limited

Not sure they will reduce the debt. They may need the $10mio to...

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CDO22

1,014 Posts.

294

19/03/24

10:07

Post #: 72954679
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Originally posted by danbradster: ↑

Though it could be considered a saving, if $10m is allowed to move from reserved cash to a cheap facility. Then the cash could be redirected to reducing the expensive corporate facility.

Stop paying 15% or whatever on the $10m not put into the corporate facility. But pay 5 or 7% or whatever on the $10m in the autopay facility.

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Not sure they will reduce the debt. They may need the $10mio to post towards new equity and growing the book.

MME Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.9¢		Change -0.001(1.43%)		Mkt cap ! $54.40M

Open	High	Low	Value	Volume
6.8¢	6.9¢	6.8¢	$6.288K	91.87K

Buyers (Bids)

No.	Vol.	Price($)
2	155608	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	13325	3

View Market Depth

No.	Vol.	Price($)
2	155608	0.068
3	87462	0.067
1	151530	0.066
7	364229	0.065
3	450000	0.063

Price($)	Vol.	No.
0.070	13325	3
0.071	14577	2
0.073	12850	1
0.074	85000	1
0.075	1110	1

Last trade - 12.48pm 29/04/2024 (20 minute delay)

MME (ASX) Chart