Ann: Q4 FY20 quarterly business update, page-47

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    Compared to some other peers in the BNPL space, 1% is extremely low. Compared to QFE’s historical rate of ~$20k in 2-3 years, this 1% is exponentially higher.

    PS: how are you valuing QFE? Am I the only one using a price to book ratio LOL. This is the only way I know how to do financial companies. Also I think I’ve got to value the payments business separately but haven’t decided how.


 
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