The latest announcement is out from Motio Limited ( (AU:MXO) ).
Motio Limited has completed the sale of Spawtz Pty Ltd to a consortium of its staff, receiving $1.35 million in cash. This strategic move may impact Motio’s operations by allowing it to focus on its core digital place-based network business, potentially enhancing its market positioning and offering benefits to stakeholders.
More about Motio Limited
Motio Limited is a company that redefines brand-audience connections through its digital place-based network. It integrates Out-of-Home, Digital, and Video elements, offering dynamic and engaging content in high-dwell environments such as cafés, medical centers, indoor sports venues, and bars/pubs. The network features over 1500 digital displays in more than 1000 locations, leveraging first-party data and location intelligence to maximize brand returns.
YTD Price Performance: -3.23%
Average Trading Volume: 336,845
Technical Sentiment Signal: Hold
Current Market Cap: A$8.36M
See more data about MXO stock on TipRanks’ Stock Analysis page.