Ann: Openpay commences US launch and reports record trading, page-22

Yesterday Mkt Cap was $233m (not $180m). Current Mkt Cap is $274m based on current price of $2.54.

This is cheaper than Afterpay and Zip, but those ones have much more scale so is probably justified. OpenPay is quite a bit more expensive than Laybuy, which doesn't feel right given difference in GMV and growth rates. But both Laybuy and Openpay appear very cheap on revenue multiples compared to others in the market.

Currently not in Openpay but watching it for a possible entry (benefit of hindsight I should have entered yesterday!)

Cheers
Marv