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6.9¢ moneyme limited

Ann: MONEYME Expands Funding Capacity, page-15

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nicme02

216 Posts.

63

24/03/24

10:03

Post #: 73030695
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Originally posted by wolfk: ↑

Have recently had MME on the radar and after the increased loan book have taken a dip.

Happy with the confidence from the banks to increase loan capacity. There’s a growing demand for cash loans from Non-bank lenders in the last 2 years which is only growing.

Highlighting the recent advertising campaign on Channel 7 included in the AFL telecast is certain to increase traffic and loans. The power of marketing and brand visibility is paramount. Couple that with the website and accessible customer service gives confidence and trust in the brand, which is where the majority of NBE’s struggle.

60m valuation is well and truly under, hopefully next quarterly due in a month indicates debt reduction and sales growth again.

Expand

NAB and UBS economists expect the first rate cut in November, while CBA is more optimistic, expecting a rate cut as early as September.

When this comes we should see a substantial turn around for MME.

MME Price at posting: 8.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.9¢		Change 0.000(0.00%)		Mkt cap ! $55.20M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.9¢	$69	1K

Buyers (Bids)

No.	Vol.	Price($)
1	4062	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	19460	1

View Market Depth

No.	Vol.	Price($)
1	4062	0.069
2	80105	0.068
1	14925	0.067
1	97000	0.062
1	91098	0.061

Price($)	Vol.	No.
0.071	19460	1
0.074	16390	1
0.075	47399	1
0.076	4000	1
0.078	38472	1

Last trade - 10.04am 31/05/2024 (20 minute delay)

MME (ASX) Chart

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