MME 0.00% 6.7¢ moneyme limited

Orido, 4C's are required for loss making companies as when a...

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    Orido,

    4C's are required for loss making companies as when a businesses is loss making it can run out of money pretty easily, so the ASX requires such companies to report their cashflows (quarterly) and more frequently than profitable businesses which report every 6 months.

    Moneyme were/are profitable, so they qualified to list under the profits test which means they don't need to do quarterly reporting (4C).
 
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