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$3.15 money3 corporation limited

Ann: Results of Meeting, page-9

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Maclock

42 Posts.

24/11/16

14:11

Post #: 20859029
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Originally posted by BlueKimba ↑

The only thing remotely interesting in the announcement is that a lot of people voted against the granting of options for the directors. Options with an exercise price of $1.50 do look like a good deal for the directors, given that the SP is currently above $1.50.

Maybe someone who voted against the options got browned off and decided to sell their shares!

It's best not to over think it... It doesn't take much to move a stock like this by 5 or 6%. I thought it was positive that the earlier announcement reaffirmed earnings guidance of $24m NPAT for FY17, which makes MNY look like good value.

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To my reading it s is $26m
 Guidance maintained at $26m NPAT for FY17.

Interesting that they're considering multiple debt proposals at least we no that the offers are there.
 Money3 is considering a number of debt proposals which it has received, that will seamlessly fund the rapidly growing loan book.

MNY Price at posting: $1.58 Sentiment: None Disclosure: Held
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0 Great analysis

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