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Mighty Kingdom Ltd ( (AU:MKL) ) just unveiled an update.
Mighty Kingdom Ltd announced that it has fully repaid its debt facility, which was partially drawn down to $678,000, using rebates received from R&D and digital government incentives. This repayment may enhance the company’s financial position and could positively influence its standing with investors and stakeholders by demonstrating fiscal responsibility and efficient use of government support.
More about Mighty Kingdom Ltd
Mighty Kingdom Ltd is a company listed on the Australian Securities Exchange (ASX) under the code MKL. The company is involved in the industry of developing digital content, likely focusing on games and interactive experiences, given the context of government R&D and digital grants mentioned.
Average Trading Volume: 2,232,281
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.73M
For an in-depth examination of MKL stock, go to TipRanks’ Stock Analysis page.
