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The latest update is out from MoneyMe Ltd. ( (AU:MME) ).
MONEYME Limited has announced the withdrawal of Resolution 3 from its upcoming Annual General Meeting agenda. This resolution pertained to the approval of future securities issuance under the Employee Equity Incentive Plan. The company has decided to utilize the approval from the 2024 AGM and the existing placement capacity under ASX Listing Rule 7.1 for issuing securities to employees, excluding the Managing Director and CEO, over the next 12 months. This decision reflects a strategic approach to managing its equity plans without seeking additional approval this year.
The most recent analyst rating on (AU:MME) stock is a Buy with a A$0.21 price target. To see the full list of analyst forecasts on MoneyMe Ltd. stock, see the AU:MME Stock Forecast page.
More about MoneyMe Ltd.
MONEYME is a digital lender and Certified B Corporation™ that offers a range of financial products such as car loans, personal loans, and credit cards. The company focuses on providing fast, flexible, and competitively priced products to customers with above-average credit profiles, emphasizing digital-first experiences and smart technology. MONEYME targets ‘Generation Now’, ambitious Australians seeking more from their financial services, and is committed to sustainability and high standards as part of the B Corp movement. The company is listed on the ASX and operates licensed and regulated credit and financial services in Australia.
Average Trading Volume: 547,701
Technical Sentiment Signal: Sell
Current Market Cap: A$97.21M
Find detailed analytics on MME stock on TipRanks’ Stock Analysis page.