MME 2.86% 6.8¢ moneyme limited

Selling the business at this time and at this share price - even...

  1. 24 Posts.
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    Selling the business at this time and at this share price - even with a fat premium on today's share price - would be a terrible outcome!

    It would be an admission of a business in deep trouble with bleak prospects. I hope it doesn't come to that, but I guess anything is possible.

    I don't see how this information being in the press really helps anybody though. The only people that would stand to achieve a good outcome from a quick sale would be shareholders that have entered at the current low prices. With such low volumes traded, I would venture that there wouldn't be that many of them out there.

    If planting a story in the press to prop up the share price was part of a strategy, then it seems to have failed based on the current share price as of writing.
 
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7.0¢ 7.0¢ 6.8¢ $4.08K 59.10K

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No. Vol. Price($)
2 59778 6.8¢
 

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Price($) Vol. No.
7.0¢ 144374 3
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Last trade - 13.31pm 17/06/2024 (20 minute delay) ?
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