Motio Limited ( (AU:MXO) ) has issued an update.
Motio Limited has announced the establishment of a Share Sale Facility for shareholders holding Unmarketable Parcels of shares, defined as those with a market value under A$500. This facility allows shareholders to sell their shares without incurring brokerage or handling costs, unless they opt out by a specified date. The initiative aims to streamline the process for shareholders with small holdings, potentially impacting the company’s shareholder base and market activity.
More about Motio Limited
Motio Limited is a company that redefines brand-audience connections through its digital place-based network. It combines elements of Out-of-Home, Digital, and Video advertising with digital display channels that offer dynamic and engaging content. These channels are tailored to environments with high dwell times, such as cafés, medical centers, indoor sports venues, and bars/pubs. The network includes over 1,500 digital displays across more than 1,000 locations, utilizing first-party data and location intelligence technology to maximize brand returns.
YTD Price Performance: -9.68%
Average Trading Volume: 317,297
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$7.8M
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